The productivity-wage premium : does size still matter in a service economy? / Giuseppe Berlingieri, Sara Calligaris, Chiara Criscuolo
Mitwirkende(r): Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Reihen: OECD science, technology and industry working papers ; 2018, 13Verlag: Paris : OECD Publishing, 2018Beschreibung: 1 Online-Ressource (circa 34 Seiten) : IllustrationenSchlagwörter: Genre/Form: DOI: DOI: 10.1787/04e36c29-enOnline-Ressourcen: Zusammenfassung: The literature has established two robust stylised facts: (i) the existence of a firm size-wage premium; and (ii) a positive relationship between firm size and productivity. However, the existing evidence is mainly based on manufacturing data only. With manufacturing nowadays accounting for a small share of the economy, whether productivity, size, and wages are closely linked, and how tight this link is across sectors, is still an open question. Using a unique micro-aggregated dataset covering the whole economy in 17 countries over 1994-2012, this paper compares these relationships across sectors. While the size-wage and size-productivity premia are significantly weaker in market services compared to manufacturing, the link between wages and productivity is stronger. The combination of these results suggests that, in a service economy the “size-wage premium” becomes more a “productivity-wage premium”. These results have first-order policy implications for both workers and firms.PPN: PPN: 1032681314Package identifier: Produktsigel: ZDB-13-SOC | ZDB-13-SOC-ebookDieser Titel hat keine Exemplare