Employment protection and productivity: Evidence from firm-level panel data in Japan

H. Okudaira, M. Takizawa, K. Tsuru

研究成果: Article査読

4 被引用数 (Scopus)

抄録

Recent developments in the literature on Employment Protection Legislation (EPL) have revealed that changing the stringency of employment protection can lead to extensive consequences outside the labour market, by affecting firms' production decisions or workers' commitment levels. This article provides the first empirical evaluation of the comprehensive effect of restrictions on firing employees in Japan, by exploiting the variations in court decisions. We find that judgements lenient to workers significantly reduce firms' total-factor productivity growth rate. The effect on capital is mixed and inconclusive, although we obtain modest evidence that an increase in firing costs induces a negative scale effect on capital inputs.

本文言語English
ページ(範囲)2091-2105
ページ数15
ジャーナルApplied Economics
45
15
DOI
出版ステータスPublished - 2013 5
外部発表はい

ASJC Scopus subject areas

  • Economics and Econometrics

フィンガープリント 「Employment protection and productivity: Evidence from firm-level panel data in Japan」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