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Title:Superstatistics of Labour Productivity in Manufacturing and Nonmanufacturing Sectors PDF Logo
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
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
Pareto's Law
business cycle
demand index
Persistent Identifier of the first edition:doi:10.5018/economics-ejournal.ja.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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