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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: | | 2009 |
| Citation: | | [Journal:] Economics: The Open-Access, Open-Assessment E-Journal [Volume:] 3 [Issue:] 2009-22 [Pages:] 1-17 [DOI/URN:] doi:10.5018/economics-ejournal.ja.2009-22 |
| Series/Report no.: | | economics - The Open-Access, Open-Assessment E-Journal 2009-22 |
| Abstract: | | Labour productivity distribution (dispersion) is studied within the framework of statistical physics and the result is compared with the outcome of the empirical analysis. Superstatistics is presented as a natural theoretical framework for the productivity distribution. The demand index ê is proposed within this framework as a new business index. Productivity analysis is made on the Japanese data covering smallto-medium to large firms from 1996 to 2006 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 an expansion of the superstatistics framework to include the negative temperature range. |
| Subjects: | | Labour productivity superstatistics Pareto's Law business cycle demand index |
| JEL: | | E10 E30 O40 |
| Persistent Identifier of the first edition: | | doi:10.5018/economics-ejournal.ja.2009-22 |
| URL of the first edition: | | http://www.economics-ejournal.org/economics/journalarticles/2009-22 |
| Creative Commons License: | |  |
| Document Type: | | Article |
| Appears in Collections: | | Economics: The Open-Access, Open-Assessment E-Journal - Journal Articles
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