RELATIONSHIPS, COMMITMENT, AND LABOR PRODUCTIVITY GROWTH
成果类型：
Article
署名作者：
Francois, Patrick; Roberts, Joanne
署名单位：
Tilburg University; University of British Columbia; University of Toronto
刊物名称：
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN：
1542-4766
DOI：
10.1162/154247603322391242
发表日期：
2003
页码：
612-620
关键词：
摘要：
This paper analyzes the interactions between growth and the contracting environment in production. With incompleteness in contracting, a firm's capacity to commit to its workers will depend on institutional frictions such as hiring and firing costs. This interaction of contracting structure and relationship costs will in part determine firms' technology choices. We suggest this as a possible explanation of the differential rates of labor productivity growth in Europe and the United States. (JEL: O31, O33, O38, O40, L16)
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