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Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing SectorsSebastian SchichOrganisation for Economic Co-operation and Development (OECD) Yoshi Fujiwaraaffiliation not provided to SSRN Hideaki Aoyamaaffiliation not provided to SSRN Hiroshi Iyetomiaffiliation not provided to SSRN Wataru SoumaATR-NIS Network Informatics Laboratories 2009 Economics: The Open-Access, Open-Assessment E-Journal, Vol. 3, 2009-22 Abstract: Labour productivity distribution (dispersion) is studied within the framework of statistical physics and the result is compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the productivity distribution. The demand index ê is proposed within this framework as a new business index. Productivity analysis is made on the Japanese data covering smallto-medium to large firms from 1996 to 2006 and the power-law for both firms and workers is established. The demand index ê is evaluated in the manufacturing sector. A new discovery is reported for the nonmanufacturing (service) sector, which calls for an expansion of the superstatistics framework to include the negative temperature range. --
Number of Pages in PDF File: 18 Keywords: Labour productivity, superstatistics, Pareto's Law, business cycle, demand index JEL Classification: E10, E30, O40 Accepted Paper SeriesDate posted: December 18, 2010Suggested CitationContact Information
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