Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis
Labor productivity is very complex to analyze across time, sectors and countries. In particular, in Italy, labor productivity has shown a prolonged slowdown but sector analyses highlight the presence of specific niches that have good levels of productivity and performance. This paper investigates ho...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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University of Bologna
2014-09-01
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| Series: | Statistica |
| Subjects: | |
| Online Access: | http://rivista-statistica.unibo.it/article/view/5305 |
| _version_ | 1819077812647100416 |
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| author | Margherita Velucchi Alessandro Viviani Alessandro Zeli |
| author_facet | Margherita Velucchi Alessandro Viviani Alessandro Zeli |
| author_sort | Margherita Velucchi |
| collection | DOAJ |
| description | Labor productivity is very complex to analyze across time, sectors and countries. In particular, in Italy, labor productivity has shown a prolonged slowdown but sector analyses highlight the presence of specific niches that have good levels of productivity and performance. This paper investigates how firms' characteristics might have affected the dynamics of the Italian service and manufacturing firms labor productivity in recent years (1998-2007), comparing them and focusing on some relevant sectors. We use a micro level original panel from the Italian National Institute of Statistics (ISTAT) and a longitudinal quantile regression approach that allow us to show that labor productivity is highly heterogeneous across sectors and that the links between labor productivity and firms' characteristics are not constant across quantiles. We show that average estimates obtained via GLS do not capture the complex dynamics and heterogeneity of the service and manufacturing firms' labor productivity. Using this approach, we show that innovativeness and human capital, in particular, have a very strong impact on fostering labor productivity of lower productive firms. From the sector analysis on four service' sectors (restaurants & hotels, trade distributors, trade shops and legal & accountants) we show that heterogeneity is more intense at a sector level and we derive some common features that may be useful in terms of policy implications. |
| first_indexed | 2024-12-21T19:03:09Z |
| format | Article |
| id | doaj.art-cb04afaaf6e94917818e7566dfa12a71 |
| institution | Directory Open Access Journal |
| issn | 0390-590X 1973-2201 |
| language | English |
| last_indexed | 2024-12-21T19:03:09Z |
| publishDate | 2014-09-01 |
| publisher | University of Bologna |
| record_format | Article |
| series | Statistica |
| spelling | doaj.art-cb04afaaf6e94917818e7566dfa12a712022-12-21T18:53:25ZengUniversity of BolognaStatistica0390-590X1973-22012014-09-0174326729310.6092/issn.1973-2201/53054857Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression AnalysisMargherita Velucchi0Alessandro Viviani1Alessandro Zeli2Università Europea di Roma, RomaUniversità degli Studi di FirenzeISTAT, Istituto Nazionale di Statistica , RomaLabor productivity is very complex to analyze across time, sectors and countries. In particular, in Italy, labor productivity has shown a prolonged slowdown but sector analyses highlight the presence of specific niches that have good levels of productivity and performance. This paper investigates how firms' characteristics might have affected the dynamics of the Italian service and manufacturing firms labor productivity in recent years (1998-2007), comparing them and focusing on some relevant sectors. We use a micro level original panel from the Italian National Institute of Statistics (ISTAT) and a longitudinal quantile regression approach that allow us to show that labor productivity is highly heterogeneous across sectors and that the links between labor productivity and firms' characteristics are not constant across quantiles. We show that average estimates obtained via GLS do not capture the complex dynamics and heterogeneity of the service and manufacturing firms' labor productivity. Using this approach, we show that innovativeness and human capital, in particular, have a very strong impact on fostering labor productivity of lower productive firms. From the sector analysis on four service' sectors (restaurants & hotels, trade distributors, trade shops and legal & accountants) we show that heterogeneity is more intense at a sector level and we derive some common features that may be useful in terms of policy implications.http://rivista-statistica.unibo.it/article/view/5305intangible capitalinternationalizationlabor productivitylongitudinal quantile regression |
| spellingShingle | Margherita Velucchi Alessandro Viviani Alessandro Zeli Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis Statistica intangible capital internationalization labor productivity longitudinal quantile regression |
| title | Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis |
| title_full | Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis |
| title_fullStr | Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis |
| title_full_unstemmed | Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis |
| title_short | Italian Manufacturing and Service Firms Labor Productivity: a Longitudinal Quantile Regression Analysis |
| title_sort | italian manufacturing and service firms labor productivity a longitudinal quantile regression analysis |
| topic | intangible capital internationalization labor productivity longitudinal quantile regression |
| url | http://rivista-statistica.unibo.it/article/view/5305 |
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