Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27478
Authors: 
Ikeda, Yuichi
Fujiwara, Yoshi
Aoyama, Hideaki
Iyetomi, Hiroshi
Souma, Wataru
Year of Publication: 
2008
Series/Report no.: 
Economics Discussion Papers / Institut für Weltwirtschaft 2008-42
Abstract: 
Labour productivity distribution (dispersion) is studied both theoretically and empirically. Superstatistics is presented as a natural theoretical framework for productivity. The demand index ê is proposed within this framework as a new business index. Japanese productivity data covering small-to-medium to large firms from 1996 to 2006 is analyzed 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 expansion of the superstatistics framework to negative temperature range.
Subjects: 
Labour productivity
superstatistics
Pareto's law
Business Cycle
demand index
JEL: 
E10
O40
E30
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type: 
Working Paper

Files in This Item:
File
Size
716.66 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.