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Labour productivity and economic growth relation is investigated in the paper. Labour productivity could be counted an engine for industrial growth and hence for the economy. In this paper, labour productivity and economic growth is investigated between 2004 and 2012 for 18 OECD countries by LSDV panel data and System GMM panel data approaches. Obt...
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Context 1
... data of the countries were taken from OECD Stat Database (2013). The country list in the sample is depicted in Table 1. Totally, 18 OECD countries are in the sample as seen in Table 1. ...
Context 2
... country list in the sample is depicted in Table 1. Totally, 18 OECD countries are in the sample as seen in Table 1. gGDP and LP for 18 OECD countries are shown in Figure 1. Graphically, the general path of the variables is seen in Figure 1. ...
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