Work effort, technical efficiency and productivity growth
构建了一个模型,结合效率工资理论和前沿生产模型,分析劳动使用效率和技术效率对生产率增长的影响,并利用美国18个制造业行业的数据估计产出损失。
This paper develops a model to examine labor-use efficiency associated with the effieciency wage theory and technical effieciency associated with the frontier production model. The generalixed modelcombines these two approaches and derives measures of technical and labor-use efficiency as well as their effects on productivity growth. It also seperates technical inefficiency from industry heterogenity. the model is applied to estimate loss of output due to technical and labor-use inefficiency for 18 two-digit U.S manufacturing industries using time series and cross-sectional data.