Arbeitspapier

Co-Determination, Efficiency, and Productivity

We present the first panel estimates of the productivity effects of the unique German institution of parity, board-level co-determination. Although our data span two severe recessions when labour hoarding costs of co-determination are probably highest, and the panel is too short to capture the likely long run benefits in terms of human capital formation and job satisfaction, we find positive productivity effects of the 1976 extension to parity codetermination in large firms.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 1442

Classification
Wirtschaft
Subject
co-determination
employee involvement
productivity
Mitbestimmung
Produktivität
Grossunternehmen
Schätzung
Deutschland

Event
Geistige Schöpfung
(who)
FitzRoy, Felix R.
Kraft, Kornelius
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2004

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • FitzRoy, Felix R.
  • Kraft, Kornelius
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2004

Other Objects (12)