Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/27541 
Year of Publication: 
2009
Citation: 
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [ISSN:] 1864-6042 [Volume:] 3 [Issue:] 2009-22 [Publisher:] Kiel Institute for the World Economy (IfW) [Place:] Kiel [Year:] 2009 [Pages:] 1-17
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
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: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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