GSTDTAP  > 气候变化
Productivity-wage nexus at the firm-level in Portugal
Alexandre Mergulhão ; and ; José Azevedo Pereira
Year Published2021
Field气候变化 ; 资源环境 ; 地球科学
Abstract in English

There is a growing international concern about the slowdown in productivity growth, especially as labor productivity enhancements are important drivers of higher general-ised living standards.

Using administrative data of firms in Portugal between 2010 and 2016, we analyse the relationships between productivity and wages. At odds with neoclassical theory of mar-ginal productivity of labor, we find that two thirds of firms insufficiently raised wages giv-en observed productivity growth. Employing unconditional quantile regressions, we in-vestigate some quantifiable determinants of the productivity-wage gap at different parts of the distributions. Most of the documented dynamics contributed not only to the diver-gence of productivity and wages but also to the decoupling of productivity and wage growth. We argue that labor market flexibilisation intensified segmentation, providing incentives for non standard contracts. Both dimensions, as well as higher board com-pensations, international trade and on-the-job training weakened the link between productivity and wages.

Source PlatformOECD iLibrary
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Document Type科技报告
Recommended Citation
GB/T 7714
Alexandre Mergulhão ,and ,José Azevedo Pereira. Productivity-wage nexus at the firm-level in Portugal,2021.
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