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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5509 |
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 |
URL | https://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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