In this article, we explore the impact of part-time work on firm productivity. Using a large panel data set of Italian corporations for the period 2000-2010, we first estimate firms' yearly productivity by removing the output contribution of the labor and capital inputs aggregates. We use different approaches aimed at solving input simultaneity, including a version of Ackerberg et al.'s ( 2015), control function approach, that also accounts for firm fixed effects. We then match the productivity estimates with rich information on the firms' use of part-time work obtained from survey data for the years 2005, 2007, and 2010 and estimate the impact of part-time work on productivity. We find that a 10% increase in the share of part-timers reduces productivity by 1.45%. The results suggest that this harmful effect stems from horizontal rather than vertical part-time arrangements. We also find that firms declaring to use part-time work to accommodate workers' requests suffer the most. Moreover, we show that the so-called "flexible" and "elastic"clauses are successful in cushioning the negative impact associated with part-time work.
The impact of part-time work on firm productivity: evidence from Italy / F. Devicienti, E. Grinza, D. Vannoni. - In: INDUSTRIAL AND CORPORATE CHANGE. - ISSN 0960-6491. - 27:2(2018), pp. 321-347.
|Titolo:||The impact of part-time work on firm productivity: evidence from Italy|
|Parole Chiave:||wages; level; less|
|Settore Scientifico Disciplinare:||Settore SECS-P/06 - Economia Applicata|
|Data di pubblicazione:||2018|
|Digital Object Identifier (DOI):||http://dx.doi.org/10.1093/icc/dtx037|
|Appare nelle tipologie:||01 - Articolo su periodico|