Employment protection legislation and labour income shares in Europe
The paper analyses the determinant elements of the evolution of labour income share, measured by the size of compensation of employees as a percentage of GDP in twenty European economies. In doing so, special attention is paid to the impact of employment protection legislation. Our study’s...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Economists' Association of Vojvodina
2020-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X2003291A.pdf |
| _version_ | 1818302436424548352 |
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| author | Arestis Philips Ferreiro Jesús Gómez Carmen |
| author_facet | Arestis Philips Ferreiro Jesús Gómez Carmen |
| author_sort | Arestis Philips |
| collection | DOAJ |
| description | The paper analyses the determinant elements of the evolution of labour income
share, measured by the size of compensation of employees as a percentage of
GDP in twenty European economies. In doing so, special attention is paid to
the impact of employment protection legislation. Our study’s results show
that the evolution of labour income share is explained by the economic
growth, the growth of employment and unemployment rates, and the growth of
real wages. Regarding employment protection, only employment protection for
temporary workers matters. Our results shows that stricter provisions on the
use of fixed-term and temporary agency contracts have a positive impact on
the growth of the labour shares. |
| first_indexed | 2024-12-13T05:38:53Z |
| format | Article |
| id | doaj.art-74e80e9627a7426d9e55f66eb88f1f46 |
| institution | Directory Open Access Journal |
| issn | 1452-595X 2217-2386 |
| language | English |
| last_indexed | 2024-12-13T05:38:53Z |
| publishDate | 2020-01-01 |
| publisher | Economists' Association of Vojvodina |
| record_format | Article |
| series | Panoeconomicus |
| spelling | doaj.art-74e80e9627a7426d9e55f66eb88f1f462022-12-21T23:57:51ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862020-01-0167329130810.2298/PAN2003291A1452-595X2003291AEmployment protection legislation and labour income shares in EuropeArestis Philips0Ferreiro Jesús1Gómez Carmen2University of Cambridge, Department of Land Economics, Cambridge, UKUniversity of the Basque Country UPV/EHU, Department of Applied Economics V, Bilbao, SpainUniversity of the Basque Country UPV/EHU, Department of Applied Economics V, Bilbao, SpainThe paper analyses the determinant elements of the evolution of labour income share, measured by the size of compensation of employees as a percentage of GDP in twenty European economies. In doing so, special attention is paid to the impact of employment protection legislation. Our study’s results show that the evolution of labour income share is explained by the economic growth, the growth of employment and unemployment rates, and the growth of real wages. Regarding employment protection, only employment protection for temporary workers matters. Our results shows that stricter provisions on the use of fixed-term and temporary agency contracts have a positive impact on the growth of the labour shares.http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X2003291A.pdfemployment protection legislationlabour marketslabour incomeshareincome distribution |
| spellingShingle | Arestis Philips Ferreiro Jesús Gómez Carmen Employment protection legislation and labour income shares in Europe Panoeconomicus employment protection legislation labour markets labour incomeshare income distribution |
| title | Employment protection legislation and labour income shares in Europe |
| title_full | Employment protection legislation and labour income shares in Europe |
| title_fullStr | Employment protection legislation and labour income shares in Europe |
| title_full_unstemmed | Employment protection legislation and labour income shares in Europe |
| title_short | Employment protection legislation and labour income shares in Europe |
| title_sort | employment protection legislation and labour income shares in europe |
| topic | employment protection legislation labour markets labour incomeshare income distribution |
| url | http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X2003291A.pdf |
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