The Productivity Effects of Participatory Employment Practices: Evidence from New Japanese Panel Data
34 Pages Posted: 11 May 2003
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The Productivity Effects of Participatory Employment Practices: Evidence from New Japanese Panel Data
The Productivity Effects of Participatory Employment Practices: Evidence from New Japanese Panel Data
Abstract
We report the first results for Japanese firms on the effects of clusters of participatory employment practices (or participation/employee involvement at the top level as well as at the grassroots level, and financial participation) by estimating production functions using new panel data. We find that the introduction of a group of complementary practices will lead to a significant 8.9 percent increase in productivity. However, the full productivity effect is felt only after a long developmental period.
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IZA Institute of Labor Economics
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The Productivity Effects of Participatory Employment Practices: Evidence from New Japanese Panel Data
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