search query: @indexterm productivity / total: 1465
reference: 228 / 1465
Author: | Francois, P. Roberts, J. |
Title: | Relationships, commitment, and labor productivity growth |
Journal: | Journal of the European Economic Association
2003 : APR-MAY, VOL. 1:2-3, p. 612-620 |
Index terms: | Employment contracts Growth Labour Production Productivity |
Language: | eng |
Abstract: | The interactions between growth and the contracting environment in production are analyzed in this paper. 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. |
SCIMA