Quality in work and aggregate productivity
Vicente Royuela and
Jordi Suriñach
No 200901, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics
Abstract:
We explore the relationship between quality in work and aggregate productivity in regions and sectors. Using recent Spanish aggregate data for the period 2001-2006, we find that quality in work may be an important factor to explain productivity levels in sectors and regions. We use two alternatives definitions of quality in work: one from survey data and the other from a social indicators approach. We also use two different measurements of labour productivity to test the robustness of our results. The estimates are run using a simultaneous equation model for our panel of data, and find important differences between high tech and low tech sectors: a positive relationship between quality in work and productivity in the former case, and a negative relationship in the latter. Consequently, on the one hand we see that quality in work is not only an objective per se,but may also be a production factor able to increase the wealth of regions; on the other hand, at the aggregate level, we may also find that high productivity levels coincide with lower quality in work conditions.
Keywords: Productivity; Quality in Work; Simultaneous; Equation Models. (search for similar items in EconPapers)
Pages: 51 pages
Date: 2009-01, Revised 2009-01
New Economics Papers: this item is included in nep-eff and nep-lab
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Citations: View citations in EconPapers (24)
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Related works:
Journal Article: Quality of Work and Aggregate Productivity (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ira:wpaper:200901
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