scholarly journals ERRATUM: THE OUTPUT EMPLOYMENT ELASTICITY AND THE INCREASED USE OF TEMPORARY CONTRACTS: EVIDENCE FROM POLAND

2020 ◽  
Author(s):  
Kristof Bartosik ◽  
Jan Mycielski
Keyword(s):  
Temporary Contracts ◽  
Employment Elasticity

scholarly journals Examining The Employment Intensity Of Economic Growth Of The PIIGS

2014 ◽  
Vol 13 (3) ◽  
pp. 593
Author(s):  
William Seyfried
Keyword(s):  
Economic Growth ◽  
Sovereign Debt ◽  
The Other ◽  
Unemployment Rates ◽  
Temporary Contracts ◽  
Highly Sensitive ◽  
Employment Elasticity ◽  
High Employment ◽  
Very High ◽  
Double Digit

At the beginning of the second decade of the 21st century, several countries in the periphery of Europe began suffering from sovereign debt crises, resulting from and contributing to economic weakness. As of late 2013, each country was struggling with double-digit unemployment rates with rates in Greece and Spain near 27%. Though economic weakness was responsible for falling employment, the linkage between economic growth and employment, known as the employment intensity of economic growth (also called employment elasticity), may differ between nations. Estimation of models developed reveal different dynamics in the respective countries. Regardless of the model employed, the results revealed a very high employment intensity of economic growth in Spain relative to the other nations, indicating that employment was highly sensitive to changes in economic growth. As such, an equivalent decline in GDP had a much larger impact on employment in Spain than the other PIIGS. There is evidence that the structure of the labor market may play some role in explaining different employment elasticities for the countries in question. In particular, the degree of unionization appeared to be negatively correlated with employment intensity (economic growth had a smaller impact on employment in nations that have a larger percentage of unions) while the portion of workers on temporary contracts was positively correlated with employment intensity; countries with a larger percentage of workers on temporary contracts, such as Spain, had a higher employment intensity as employment responded more to changes in economic growth.

scholarly journals The output employment elasticity and the increased use of temporary contracts: Evidence from Poland

2020 ◽  
Vol 70 (1) ◽  
pp. 83-104
Author(s):  
Kristof Bartosik ◽  
Jan Mycielski
Keyword(s):  
Temporary Employment ◽  
Output Growth ◽  
Okun’S Law ◽  
Okun's Law ◽  
Temporary Contracts ◽  
Employment Elasticity ◽  
High Level

AbstractThe paper investigates how the increased use of temporary contracts in Poland affected employment elasticity with respect to output. The analysis is based on Okun's law, and covers the period of 1996–2016, with particular focus on the years of 2001–2016 when temporary jobs became prevalent. We look at the relationships between output growth and the growths of aggregate, permanent and temporary employment separately. Our study finds that the responsiveness of aggregate employment to output is positive and changes through time. Interestingly, after 2007, when the use of temporary contracts stabilised at a high level, the employment intensity of growth started decreasing. We relate this to the opposite trends in output responsiveness of temporary and permanent jobs. Elasticity of temporary job was growing, while elasticity of permanent job was decreasing. Our study also shows that initially employers adapt to output changes replacing permanent job with temporary job, next temporary contracts become the main adjustment device.

Labor Demand and the Elasticity of Job Opportunity: Evidence from Indonesia

2018 ◽  
Vol 3 (3) ◽  
pp. 59-66
Author(s):  
Jamaliah Jamaliah ◽  
Rosyadi Rosyadi
Keyword(s):  
Economic Growth ◽  
Labor Demand ◽  
Secondary Data ◽  
Jel Classification ◽  
Labor Policy ◽  
Employment Policy ◽  
Labor Flexibility ◽  
Rate Of Absorption ◽  
Job Opportunity ◽  
Employment Elasticity

Objective - Labor is one of the most important factors in production activities. Increased human effort in the production process will increase output, productivity and promote economic growth. This research aims to analyze the condition and potential of labor demand in Pontianak City, analyze job opportunities in Pontianak City and formulate a strategy of labor policy in Pontianak City. Methodology/Technique - The method used is descriptive with quantitative analysis which a qualitative interpretation. The data used is secondary data and related documents for data enrichment. Findings - The results show that: labor demand is showing an increasing trend year by year, increasing employment absorption from 233,788 in 2010 to 244,236 in 2014. The rate of absorption growth occurs primarily in the agriculture, building and transportation industries. Employment elasticity in Pontianak City is relatively low at only 0.02% which means the growth of labor absorption is smaller than the increase of economic growth. Novelty - This research shows that employment policy strategies in Pontianak City need to increase the role of Training Center (BLK), the enrichment of nutrition improvement and sustainability, encourage investment, increase competitiveness through increasing labor productivity and increase labor flexibility to the rules among other things. Type of Paper: Empirical. Keywords: Employment Demand; Employment Elasticity; Employment Policy Strategy. JEL Classification: J20, J21, J29.

scholarly journals Growth And Elasticity Of Output Of MSME In India

2020 ◽  
Author(s):  
SETAK PALAK ◽  
Sandhyarani Das
Keyword(s):  
Cross Section ◽  
Important Determinant ◽  
Productivity Analysis ◽  
Cross Section Data ◽  
Output Data ◽  
Section Data ◽  
The Core ◽  
Employment Elasticity ◽  
Douglas Production Function

Abstract This paper analyses the phenomenon of growth in India through the lens of employment elasticity. Investigative results are imitative for decompositions of both the level and change of combined employment elasticity in terms of sectoral elasticities, relative development and employment shares. Estimates of these decompositions are presented with employment and output data from related sources for both economies. In India, MSME sector was the key determinant of both the level and change of aggregate elasticity. In India, service is the most important determinant of the level, but manufacturing remains an important driver of changes in aggregate employment elasticity. The core objective of the present paper remains to analyse the growth and elasticity output relationship in this sector, so the study contains the productivity analysis of the MSME sector in India. This will unleash the role of the various inputs and output in production here. Extended Cobb Douglas Production Function has been utilised on the secondary, cross section data of MSMEs of India. Different variables like employment, Number of working enterprises, input, output and capital are selected to analyze their effects of MSMEs.

scholarly journals Temping fates in Spain: hours and employment in a dual labor market during the Great Recession and COVID-19

SERIEs ◽  
2021 ◽  
Author(s):  
Cristina Lafuente ◽  
Raül Santaeulàlia-Llopis ◽  
Ludo Visschers
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Dual Labor Market ◽  
Total Employment ◽  
Temporary Contracts ◽  
The Great Recession ◽  
Time Work ◽  
Short Time ◽  
Permanent Workers ◽  
The Impact

AbstractWe investigate the behavior of aggregate hours supplied by workers in permanent (open-ended) contracts and temporary contracts, distinguishing changes in employment (extensive margin) and hours per worker (intensive margin). We focus on the differences between the Great Recession and the start of the COVID-19 Recession. In the Great Recession, the loss in aggregate hours is largely accounted for by employment losses (hours per worker did not adjust) and initially mainly by workers in temporary contracts. In contrast, in the early stages of the COVID-19 Recession, approximately sixty percent of the drop in aggregate hours is accounted for by permanent workers that do not only adjust hours per worker (beyond average) but also face employment losses—accounting for one-third of the total employment losses in the economy. We argue that our comparison across recessions allows for a more general discussion on the impact of adjustment frictions in the dual labor market and the effects policy, in particular the short-time work policy (ERTE) in Spain.

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