THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS

Today, it is expected that the technological developments will reduce the working hours and allow more leisure time for people. However, the thought that this will negatively affect the economic output is an obstacle to the realization of this expectation. For this reason, the relationship between w...

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Autores principales:	Hakan ACET, Zeynep KARAÇOR, Emel MİRZA, Sevilay KONYA
Formato:	article
Lenguaje:	DE EN FR TR
Publicado:	Fırat University 2019
Materias:	labor productivity working hours dynamic panel country Social Sciences H Social sciences (General) H1-99
Acceso en línea:	https://doaj.org/article/396587c1070c4a2fbf2c6a1f54d3e32b
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spelling	oai:doaj.org-article:396587c1070c4a2fbf2c6a1f54d3e32b2021-11-24T09:20:36ZTHE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS2148-416310.9761/JASSS8086https://doaj.org/article/396587c1070c4a2fbf2c6a1f54d3e32b2019-09-01T00:00:00Zhttps://jasstudies.com/index.jsp?mod=tammetin&makaleadi=716602583_26-Do%C3%A7.%20Dr.%20Hakan%20Acet.pdf&key=29137https://doaj.org/toc/2148-4163Today, it is expected that the technological developments will reduce the working hours and allow more leisure time for people. However, the thought that this will negatively affect the economic output is an obstacle to the realization of this expectation. For this reason, the relationship between working hours and per capita output across countries should be examined. In this study, which was conducted to investigate whether the annual working hours affect the output per employee, in other words the labor productivity, except factors such as capital stock, human capital and technology level, a dynamic panel analysis was made using the annual data of 61 countries from 1950 to 2014. According to the estimation results, there is a non-linear relationship between the annual working hours and the labor productivity of the country. While labor productivity increases as working hours increase up to a certain level, increases above this level affect labor productivity in the negative direction. This shows that it is possible and necessary to reduce working hours through legal regulations in countries where working hours are high enough to reduce labor productivity.Hakan ACETZeynep KARAÇOREmel MİRZASevilay KONYAFırat Universityarticlelabor productivityworking hoursdynamicpanelcountrySocial SciencesHSocial sciences (General)H1-99DEENFRTRJournal of Academic Social Science Studies , Vol 12, Iss 78, Pp 349-359 (2019)
institution	DOAJ
collection	DOAJ
language	DE EN FR TR
topic	labor productivity working hours dynamic panel country Social Sciences H Social sciences (General) H1-99
spellingShingle	labor productivity working hours dynamic panel country Social Sciences H Social sciences (General) H1-99 Hakan ACET Zeynep KARAÇOR Emel MİRZA Sevilay KONYA THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
description	Today, it is expected that the technological developments will reduce the working hours and allow more leisure time for people. However, the thought that this will negatively affect the economic output is an obstacle to the realization of this expectation. For this reason, the relationship between working hours and per capita output across countries should be examined. In this study, which was conducted to investigate whether the annual working hours affect the output per employee, in other words the labor productivity, except factors such as capital stock, human capital and technology level, a dynamic panel analysis was made using the annual data of 61 countries from 1950 to 2014. According to the estimation results, there is a non-linear relationship between the annual working hours and the labor productivity of the country. While labor productivity increases as working hours increase up to a certain level, increases above this level affect labor productivity in the negative direction. This shows that it is possible and necessary to reduce working hours through legal regulations in countries where working hours are high enough to reduce labor productivity.
format	article
author	Hakan ACET Zeynep KARAÇOR Emel MİRZA Sevilay KONYA
author_facet	Hakan ACET Zeynep KARAÇOR Emel MİRZA Sevilay KONYA
author_sort	Hakan ACET
title	THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
title_short	THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
title_full	THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
title_fullStr	THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
title_full_unstemmed	THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS
title_sort	effect of worki̇ng hours on labor productivity: dynamic panel data analysis
publisher	Fırat University
publishDate	2019
url	https://doaj.org/article/396587c1070c4a2fbf2c6a1f54d3e32b
work_keys_str_mv	AT hakanacet theeffectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT zeynepkaracor theeffectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT emelmirza theeffectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT sevilaykonya theeffectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT hakanacet effectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT zeynepkaracor effectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT emelmirza effectofworkinghoursonlaborproductivitydynamicpaneldataanalysis AT sevilaykonya effectofworkinghoursonlaborproductivitydynamicpaneldataanalysis
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THE EFFECT OF WORKİNG HOURS ON LABOR PRODUCTIVITY: DYNAMIC PANEL DATA ANALYSIS

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