G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w22603
来源IDWorking Paper 22603
Labour Market Regulations and Capital Intensity
Gilbert Cette; Jimmy Lopez; Jacques Mairesse
发表日期2016-09-01
出版年2016
语种英语
摘要On the basis of a country*industry unbalanced panel data sample for 14 OECD countries and 18 industries covering the years 1988 to 2007, this study proposes an econometric investigation of the effects of the OECD Employment Protection Legislation (EPL) indicator on capital intensity for four capital components, and on the share of employment for two skill components. Our results relying on a difference-in-difference approach are the following: i) positive and significant effects for non-ICT physical capital intensity and the share of high-skilled employment; ii) non-significant effects for ICT capital intensity; and (iii) negative and significant effects for R&D capital intensity and the share of low-skilled employment. These results suggest that firms consider that the strengthening of Employment Protection Legislation is equivalent to a rise in the cost of labor, resulting in capital-to-labor substitution in favor of non-ICT capital and working at the disadvantage of low-skill relatively to high-skill workers. They indicate to the contrary that structural reforms for more labor flexibility weakening this legislation could have a favorable impact on firms’ R&D investment and their hiring of low-skill workers.
主题Econometrics ; Estimation Methods ; Macroeconomics ; Consumption and Investment ; Industrial Organization ; Regulatory Economics ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w22603
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580277
推荐引用方式
GB/T 7714
Gilbert Cette,Jimmy Lopez,Jacques Mairesse. Labour Market Regulations and Capital Intensity. 2016.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w22603.pdf(656KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Gilbert Cette]的文章
[Jimmy Lopez]的文章
[Jacques Mairesse]的文章
百度学术
百度学术中相似的文章
[Gilbert Cette]的文章
[Jimmy Lopez]的文章
[Jacques Mairesse]的文章
必应学术
必应学术中相似的文章
[Gilbert Cette]的文章
[Jimmy Lopez]的文章
[Jacques Mairesse]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w22603.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。