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Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers >
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http://hdl.handle.net/10419/27478
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| Title: | | Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing Sectors  |
| Authors: | | Ikeda, Yuichi Fujiwara, Yoshi Aoyama, Hideaki Iyetomi, Hiroshi Souma, Wataru |
| Issue Date: | | 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: | |  |
| Document Type: | | Working Paper |
| Appears in Collections: | | Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers
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