The Productivity of Hours in U.K. Manufacturing and Production Industries

Leslie, Derek; Wise, J. Macgregor

doi:10.2307/2231656

Cited by 56 publications

(40 citation statements)

References 4 publications

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“…Some, such as for example Feldstein (1967), argue that the a priori argument that d>c is very strong. Also, Hart and McGregor (1988) find higher elasticities for hours, whereas Leslie and Wise (1980) argue that workers and hours have the same weight in the production function. Also See Barzel (1973) for a model of hourly wage determination.…”

Section: Section Iii: Discussionmentioning

confidence: 96%

Dealing with monopsony power: Employment subsidies vs. minimum wages

Strobl¹,

Walsh²

2007

Economics Letters

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Section: Section Iii: Discussionmentioning

confidence: 96%

Dealing with monopsony power: Employment subsidies vs. minimum wages

Strobl¹,

Walsh²

2007

Economics Letters

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“…Each industry is therefore assumed to have a separate intercept (a,) and productivity growth rate term (bi), but common values for the U, j l and y coefficients. The method is justified more fully in Leslie (1985b) and Leslie and Wise (1980). 'Leslie (1985b)compares various methods, including that used by the Cambridge Growth Project.…”

Section: T H E Data and T H E Resultsmentioning

confidence: 99%

Real wage and real labour cost growth, 1948–81: a disaggregated study

Leslie

1987

Applied Economics

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“…En revanche, Leslie et Wise (1980) estiment que ces élasticités ont le même ordre de grandeur, ce qui implique une substituabilité parfaite.…”

Section: Les Entreprisesunclassified

Réduction de la durée du travail, chômage et croissance

Cahuc

Granier

2009

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Cet article présente une analyse des conséquences d’une réduction du temps de travail sur le chômage et la croissance dans un modèle à générations imbriquées avec salaire négocié, accumulation du capital et entrée d’entreprises. À l’équilibre partiel, une diminution de la durée du travail peut être favorable pour l’emploi. Par contre, à l’équilibre général, la réduction de la durée du travail entraîne une diminution du nombre d’entreprises qui induit une hausse du taux de chômage. En outre, il existe une durée du travail « optimale », fonction décroissante du degré de monopole sur le marché des biens, qui maximise le taux de croissance.In this paper, we analyse the consequences of reducing working time on unemployment and growth in an overlapping generations model with negotiated wages, capital accumulation and firms creation. A partial equilibrium analysis shows that a lower working time can raise employment. However, a general equilibrium analysis implies a very different result: a lower working time, by decreasing the number of firms, induces an increase in the unemployment rate. Moreover, there is an "optimal" working time, which maximizes the growth rate. This optimal working time increases with the firms' monopoly power on the goods market

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The Productivity of Hours in U.K. Manufacturing and Production Industries

Cited by 56 publications

References 4 publications

Dealing with monopsony power: Employment subsidies vs. minimum wages

Dealing with monopsony power: Employment subsidies vs. minimum wages

Real wage and real labour cost growth, 1948–81: a disaggregated study

Réduction de la durée du travail, chômage et croissance

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