The returns to labor services in West-German manufacturing-industry

R.A. Hart, P.G. McGregor

Research output: Contribution to journalArticle

18 Citations (Scopus)

Abstract

Production functions distinguishing between the stock and utilisation dimensions of factor (labour and capital) inputs are critically surveyed. An extension to the existing literature is suggested whereby 'normal' and overtime hours are separated within an appropriate non-linear functional specification. The econometric performance of this model is then compared with the main alternatives from the existing literature. The empirical work is based on pooled cross-section/time-series data which refer to West German manufacturing industries, 1968-1978. Estimates of the returns to labour services are also discussed in the light of related theoretical aspects of factor demand functions.
Original languageEnglish
Pages (from-to)947-963
Number of pages16
JournalEuropean Economic Review
Volume32
Issue number4
DOIs
Publication statusPublished - Apr 1988

Fingerprint

Labor
Manufacturing industries
Production function
Factors
Econometrics
Capital input
Demand function
Cross section
Time series data
Overtime
Factor demand

Keywords

  • labor services
  • West-German
  • manufacturing industry

Cite this

@article{297b7b60cab84cb3a53f21ff73b6c117,
title = "The returns to labor services in West-German manufacturing-industry",
abstract = "Production functions distinguishing between the stock and utilisation dimensions of factor (labour and capital) inputs are critically surveyed. An extension to the existing literature is suggested whereby 'normal' and overtime hours are separated within an appropriate non-linear functional specification. The econometric performance of this model is then compared with the main alternatives from the existing literature. The empirical work is based on pooled cross-section/time-series data which refer to West German manufacturing industries, 1968-1978. Estimates of the returns to labour services are also discussed in the light of related theoretical aspects of factor demand functions.",
keywords = "labor services, West-German, manufacturing industry",
author = "R.A. Hart and P.G. McGregor",
year = "1988",
month = "4",
doi = "10.1016/0014-2921(88)90054-2",
language = "English",
volume = "32",
pages = "947--963",
journal = "European Economic Review",
issn = "0014-2921",
number = "4",

}

The returns to labor services in West-German manufacturing-industry. / Hart, R.A.; McGregor, P.G.

In: European Economic Review, Vol. 32, No. 4, 04.1988, p. 947-963.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The returns to labor services in West-German manufacturing-industry

AU - Hart, R.A.

AU - McGregor, P.G.

PY - 1988/4

Y1 - 1988/4

N2 - Production functions distinguishing between the stock and utilisation dimensions of factor (labour and capital) inputs are critically surveyed. An extension to the existing literature is suggested whereby 'normal' and overtime hours are separated within an appropriate non-linear functional specification. The econometric performance of this model is then compared with the main alternatives from the existing literature. The empirical work is based on pooled cross-section/time-series data which refer to West German manufacturing industries, 1968-1978. Estimates of the returns to labour services are also discussed in the light of related theoretical aspects of factor demand functions.

AB - Production functions distinguishing between the stock and utilisation dimensions of factor (labour and capital) inputs are critically surveyed. An extension to the existing literature is suggested whereby 'normal' and overtime hours are separated within an appropriate non-linear functional specification. The econometric performance of this model is then compared with the main alternatives from the existing literature. The empirical work is based on pooled cross-section/time-series data which refer to West German manufacturing industries, 1968-1978. Estimates of the returns to labour services are also discussed in the light of related theoretical aspects of factor demand functions.

KW - labor services

KW - West-German

KW - manufacturing industry

UR - http://dx.doi.org/10.1016/0014-2921(88)90054-2

U2 - 10.1016/0014-2921(88)90054-2

DO - 10.1016/0014-2921(88)90054-2

M3 - Article

VL - 32

SP - 947

EP - 963

JO - European Economic Review

JF - European Economic Review

SN - 0014-2921

IS - 4

ER -