The Impact of R&D, Government Spending on Education and Trade Unions on Labour Productivity - A Panel Data Econometric Analysis

Abstract:     
In the present paper an empirical analysis with a panel data econometric model will point out that R&D, government spending on education as well as trade unions are the most important factors for the labor productivity determination. The sample examined covers many Western European countries. Data are taken from Eurostat and OECD and the elaboration of the single equation econometric model is made feasible by means of the Eviews software package.

Number of Pages in PDF File: 13

Keywords: education, econometric models with panel data (single equation), R&D, trade unions, labour productivity, health, climate, government spending on education, FDI, demography

JEL Classification: A2, C23, O32, J51, J24, K32, Q54, H52, F21, N3

working papers series