Fixed or open-ended? Labor contract and productivity in the Colombian manufacturing sector

Using the Colombian Annual Manufacturing Survey (AMS) between 2000 and 2014, this paper investigates the effect of labor contract modalities on firm productivity within the industrial sector through a structural model. We find that the elasticity of revenue with respect to temporary workers is often...

Full description

Bibliographic Details
Main Authors: Francesca Castellani, Giulia Lotti, Nataly Obando
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Journal of Applied Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/15140326.2020.1729582
Description
Summary:Using the Colombian Annual Manufacturing Survey (AMS) between 2000 and 2014, this paper investigates the effect of labor contract modalities on firm productivity within the industrial sector through a structural model. We find that the elasticity of revenue with respect to temporary workers is often lower than that with respect to permanent workers, but not in small firms, where some forms of flexibility might lead to productivity gains.
ISSN:1514-0326
1667-6726