Effect of work-life balance practices on firm productivity: Evidence from Japanese firm-level panel data

研究成果: Article査読

11 被引用数 (Scopus)

抄録

This article examines how firm practices that could contribute to worker attainment of work-life balance (WLB) affect the total factor productivity (TFP) of a firm, by using panel data of Japanese firms from the 1990s. We observed a positive correlation between the WLB practices and TFP among sampled firms. However that correlation vanished when we controlled for the unobserved firm heterogeneity, and we found no general causal relationship in which WLB practices increase firm TFP in the medium or long run. For firms with the following characteristics, however, we found positive and sizable effects: large firms, manufacturing firms, and firms that have exhibited labor hoarding during recessions. Since these firms are likely to incur large fixed employment costs, we infer that firms investing in firm-specific human skills or having large hiring/firing costs can benefit from WLB practices through a decrease in turnover or increase in recruiting effectiveness.

本文言語English
ページ(範囲)1677-1708
ページ数32
ジャーナルB.E. Journal of Economic Analysis and Policy
14
4
DOI
出版ステータスPublished - 2014 10 1

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 経済学、計量経済学および金融学(その他)

フィンガープリント

「Effect of work-life balance practices on firm productivity: Evidence from Japanese firm-level panel data」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル