G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5509
DP5509 Growth in Euro Area Labour Quality
Jarkko Turunen; Guido Schwerdt
发表日期2006-02-13
出版年2006
语种英语
摘要Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period. Labour quality growth was significantly higher in the early 1990s than in the 1980s. This strong increase was driven by an increase in the share of those with tertiary education and workers in prime age. Growth in labour quality moderated again towards the end of the 1990s, possibly reflecting the impact of robust employment growth resulting in the entry of workers with lower human capital. Labour quality growth has on average accounted for nearly one third of euro area labour productivity growth. The results point to a significant decline in the contribution of total factor productivity to euro area growth.
主题International Macroeconomics
关键词Human capital Labour quality Total factor productivity Growth accounting
URLhttps://cepr.org/publications/dp5509
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534367
推荐引用方式
GB/T 7714
Jarkko Turunen,Guido Schwerdt. DP5509 Growth in Euro Area Labour Quality. 2006.
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