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. [10.1093/icc/dtx037]

The impact of part-time work on firm productivity: evidence from Italy

E. Grinza;
2018

Abstract

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.
wages; level; less
Settore SECS-P/06 - Economia Applicata
Article (author)
File in questo prodotto:
File Dimensione Formato  
dtx037.pdf

accesso riservato

Tipologia: Publisher's version/PDF
Dimensione 302.44 kB
Formato Adobe PDF
302.44 kB Adobe PDF   Visualizza/Apri   Richiedi una copia
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/646179
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 16
  • ???jsp.display-item.citation.isi??? 16
social impact