Temporary Job Protection and Productivity Growth in EU Economies

M. Damiani, F. Pompei, A. Ricci
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引用次数: 38

Abstract

The present study examines cross-national and sectoral differences in Total Factor Productivity (TFP) in fourteen European countries and ten sectors from 1995 to 2007. The main aim is to ascertain the role of employment protection of temporary contracts on TFP by estimating their effects with a “difference-in-difference” approach. Results show that deregulation of temporary contracts negatively influences the growth rates of TFP in European economies and that, within sectoral analysis, the role of this liberalisation is greater in industries where firms are more used to opening short-term positions. By contrast, in our observation period, restrictions on regular jobs do not cause significant effects on TFP, whereas limited regulation of product markets and higher R&D expenses positively affect efficiency growth.
临时性工作保护与欧盟经济生产率增长
本研究考察了1995年至2007年14个欧洲国家和10个部门的全要素生产率(TFP)的跨国和部门差异。主要目的是确定临时合同的就业保护对全要素生产率的作用,方法是用“差中差”的方法估计其影响。结果表明,临时合同的放松管制对欧洲经济体TFP的增长率产生了负面影响,在部门分析中,这种自由化的作用在公司更习惯于开设短期职位的行业中更大。相比之下,在我们的观察期内,对常规工作的限制对TFP没有显著影响,而对产品市场的限制和更高的研发费用对效率的增长有积极影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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