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La funzione di produttività di Sylos Labini tra mercato e territorio: un'analisi econometrica per le regioni italiane

Moneta e Credito

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Title La funzione di produttività di Sylos Labini tra mercato e territorio: un'analisi econometrica per le regioni italiane
 
Creator Guarini, Giulio
 
Subject —
funzione produttiva, Sylos Labini, regioni italiane
O14, R11
 
Description This study analyzes the labour productivity for the Italian regions estimating the Sylos Labini's function. In this function, in dynamic term, the labour productivity depends positively on market (Smith effect), on unit labour cost (organization's effect), on difference between wages and prices of machine (Ricardo effect) and past investments, while it depends negatively on current investments (disturbance effect). According to the estimates, for the Italian regions, these three effects are significant; moreover the dimension of these effects are conditioned by sector and territorial peculiarities. In particular, the Smith effect could be determined by the phenomenon of labour hoarding for which during recession entrepreneur prefers to reduce utilization of workers that fire them. Finally, the significance of investments could be caused by an important multicollinearity between present and past investments.  JEL Codes: O14, R11Keywords: funzione produttiva, Sylos Labini, regioni italiane
 
Publisher Associazione Economia civile
 
Contributor —
 
Date 2013-06-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Articolo peer-review
 
Format application/pdf
 
Identifier http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10381
 
Source Moneta e Credito; Vol 60, N° 238 (2007)
Moneta e Credito; Vol 60, N° 238 (2007)
2037-3651
 
Language ita
 
Relation http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10381/10278
 
Rights Copyright (c) 2016 Giulio Guarini
http://creativecommons.org/licenses/by-nc-nd/4.0