Interpreting the Procyclical Productivity of Manufacturing Sectors: External Effects or Labor Hoarding?

1997 ◽  
Vol 29 (1) ◽  
pp. 26 ◽  
Author(s):  
Argia M. Sbordone



1997 ◽  
Vol 1 (1) ◽  
pp. 175-189
Author(s):  
Yongkyun Chung

The purpose of this study is to investigate the significance of the labor hoarding phenomenon in explaining the SRIRL paradox, or procyclical productivity. Accordingly previous work in these areas is particularly important. First, the direct measurement of labor hoarding shows how prominent the labor hoarding phenomenon is in various industries. Second, evidences of SRIRL at business cycle frequencies are mixed. Third, recent literature on labor hoarding tests indicates that labor hoarding is an indispensible ingredient to explain SRIRL or procyclical productivity among competing hypotheses.



10.3386/w2591 ◽  
1988 ◽  
Author(s):  
Julio Rotemberg ◽  
Lawrence Summers


1992 ◽  
Vol 29 (2) ◽  
pp. 209-225 ◽  
Author(s):  
Ricardo J. Caballero ◽  
Richard K. Lyons


2020 ◽  
Vol 16 (5) ◽  
pp. 966-979
Author(s):  
O.B. Sheveleva ◽  
E.V. Slesarenko

Subject. The article deals with the security of the fiscal and budgetary system in resource-based regions during highly volatile prices in the global energy market external economic, political, technological and epidemiological shocks. Objectives. The study is to detect hazards in the fiscal and budgetary system of resource-based regions. Such hazards really put the regional competitiveness and economic security at peril. Methods. The article evaluates the security of the fiscal system in the Kemerovo Oblast through the integral indicator and the threshold (critical) value. Results. We found key threats to the fiscal and budgetary system of the Kemerovo Oblast, which undermine the regional competitiveness and economic security. Conclusions and Relevance. Authorities shall comprehensively attempt to create the environment for developing manufacturing sectors in the region, especially science-intensive and high-tech production enterprises by alleviating infrastructure and administrative constraints for business, raising the finance of science and innovation from the State and mobilize investors' resources, lure them to finance prioritized lines of the regional economic development. The findings and conclusions can be used to outline principles of the region's economic policy, socioeconomic development strategies of the region economy.



2018 ◽  
Vol 7 (1) ◽  
pp. 268-277
Author(s):  
EHSAN UL HASSAN ◽  
ZAEMAH BT. ZAINUDDIN ◽  
SABARIAH BT. NORDIN


Focaal ◽  
2019 ◽  
pp. 1-14
Author(s):  
Denys Gorbach

In order to explore factors conditioning the political quietude of Ukrainian labor, this article analyzes ethnographic data collected at two large enterprises: the Kyiv Metro and the privatized electricity supplier Kyivenergo. Focusing on a recent labor conflict, I unpack various contexts condensed in it. I analyze the hegemonic configuration developed in the early 1990s, at the workplace and at the macro level, and follow its later erosion. This configuration has been based on labor hoarding, distribution of nonwage resources, and patronage networks, featuring the foreman as the nodal figure. On the macro scale, it relied on the mediation by unions, supported by resources accumulated during the Soviet era and the economic boom of the 2000s. The depletion of these resources has spelled the ongoing crisis of this configuration.



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