When structural reforms of labor markets harm productivity. Evidence from the German IAB panel

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2023-11-07 DOI:10.1093/icc/dtad060

Sergei Hoxha, Alfred Kleinknecht

引用次数: 2

Abstract

Abstract We find firm-level evidence that removing labor market rigidities can harm productivity growth. This holds, in particular, in industries with a high ‘cumulativeness’ of knowledge, i.e., when accumulation of worker-embodied (and often ‘tacit’) knowledge from experience is important for innovative competencies. We conclude that there is a trade-off between the efficient allocation of scarce resources in a static neoclassical perspective and dynamic Schumpeterian efficiency, the latter requiring rigidities in labor markets that are valuable for innovation.

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当劳动力市场的结构性改革损害生产率时。来自德国内务部的证据

我们发现企业层面的证据表明，消除劳动力市场的刚性会损害生产率的增长。这尤其适用于知识“累积性”高的行业，也就是说，从经验中积累工人体现的(通常是“隐性的”)知识对创新能力很重要。我们的结论是，在静态新古典主义视角下的稀缺资源的有效配置与动态熊彼特效率之间存在权衡，后者需要劳动力市场的刚性，这对创新是有价值的。

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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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.