The impact of the national minimum wage on labour productivity in Britain

Croucher, Richard and Rizov, Marian (2012) The impact of the national minimum wage on labour productivity in Britain. E-Journal of International and Comparative Labour Studies, 1 (3-4). pp. 263-289. ISSN 2280-4056

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Abstract

We examine labour productivity in low-paying sectors of the British economy and find that productivity was positively affected by the national minimum wage’s (NMW) introduction. We calculate firm-specific labour productivity measures and then aggregate them to the level of low-paying sectors. Difference-in-differences analysis shows that, with notable exceptions, aggregate low-paying sector productivity has been significantly positively affected by the NMW. Effects’ magnitudes vary by sector and firm-size group over time.

Item Type: Article
Research Areas: A. > Business School > Economics
A. > Business School > Leadership, Work and Organisations > Employment Relations group
Item ID: 10507
Useful Links:
Depositing User: Marian Rizov
Date Deposited: 17 Apr 2013 11:56
Last Modified: 13 Oct 2016 14:26
URI: http://eprints.mdx.ac.uk/id/eprint/10507

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