Showing posts with label decomposition. Show all posts
Showing posts with label decomposition. Show all posts

Wednesday, 20 February 2019

The Decline of British Manufacturing, 1973–2012: The Role of Total Factor Productivity

an article by Richard Harris and John Moffat (Durham University Business School, UK) published in National Institute Economic Review Volume 247 Issue 1 (February 2019)

Abstract

This paper uses plant-level estimates of total factor productivity covering 40 years to examine what role, if any, productivity has played in the decline of output share and employment in British manufacturing.

The results show that TFP growth in British manufacturing was negative between 1973 and 1982, marginally positive between 1982 and 1994 and strongly positive between 1994 and 2012. Poor TFP performance therefore does not appear to be the main cause of the decline of UK manufacturing.

Productivity growth decompositions show that, in the latter period, the largest contributions to TFP growth come from foreign-owned plants, industries that are heavily involved in trade, and industries with high levels of intangible assets.

JEL Classification: D22, D24, L6


Monday, 29 July 2013

Determinants of Household Earnings Inequality: The Role of Labour Market Trends and Changing Household Structure

Luxembourg Income Study (LIS) Working Paper Series No. 591 by Wen-Hao Chen, Michael Förster and Ana Llena-Nozal (Social Policy Division, OECD) published June 2013

Abstract

This article assesses various underlying driving factors for the evolution of household earnings inequality for 23 OECD countries from the mid-1980s to the mid-2000s.

There are a number of factors at play.

Some are related to labour market trends – increasing dispersion of individual wages and changes in men’s and women’s employment rates. Others relate to shifts in household structures and family formation – more single-headed households and increased earnings correlation among partners in couples. The contribution of each of these factors is estimated using a semi parametric decomposition technique.

The results reveal that marital sorting and household structure changes contributed, albeit moderately, to increasing household earnings inequality, while rising women’s employment exerted a sizable equalising effect.

However, changes in labour market factors, in particular increases in men’s earnings disparities, were identified as the main driver of household earnings inequality, contributing between one-third and one-half to the overall increase in most countries. Sensitivity analysis applying a reversed-order decomposition suggests that these results are robust.

JEL classification: D31, J12, J22, I30

Full text (PDF 41pp)


Wednesday, 5 June 2013

Does Part-Time Employment Widen the Gender Wage Gap? Evidence from Twelve European Countries

a paper by Eleonora Matteazzi (University of Verona, Italy) and Ariane Pailhé and Anne Solaz (INED, Paris, France) published by ECINEQ 2013 – 293 (Society for the Study of Economic Inequality) in March 2013

Abstract
One of five workers work part-time in Europe, mainly women.

This article examines the extent to which the over-representation of women in part-time employment explains the gender hourly earnings gap in twelve European countries.

Using the EU-SILC 2009 data, a double decomposition of the gender wage gap is implemented: between men and women employed full-time and between full-time and part-time working women.

The high prevalence of part-time employment plays only a minor role. The nature of part-time employment and labor market segregation are much more important factors. A large share of the gender wage gap still remains unexplained, however.

JEL Classification Codes: C31, C49, J21, J22, J24, J31, J71

Full text (PDF 49pp)