Productivity and Wage Effects of Firm‐Level Upstreamness: Evidence from Belgian Linked Panel Data
Productivity and Wage Effects of Firm‐Level Upstreamness: Evidence from Belgian Linked Panel Data
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企业层面上游的生产力和工资影响：来自比利时关联面板数据的证据
DOI：
10.1111/twec.13227
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发表时间：
2021
期刊：
影响因子：
--
通讯作者：
Mélanie Volral
中科院分区：
文献类型：
--
作者：
B. Mahy;F. Rycx;G. Vermeylen;Mélanie Volral
本文首次估计了直接测量企业层面上游性（即企业生产满足国内或国外最终需求之前的步骤加权距离）对生产率和工资成本的影响。为此，我们将比利时2002年至2010年所有年份的详细关联面板数据与一个独特的数据集合并，该数据集包含每个公司在价值链中年度位置的准确信息。我们依靠Hellerstein等人（Journal of Labor Economics，1999，17，409）开创的方法框架来估计企业层面的面板数据模型。控制关键工人和企业特征，我们的GMM‐ ESTA和FE‐IV估计表明，位于更上游（即远离最终消费者）的企业创造更多价值。我们的研究结果还表明，企业层面的上游对生产率的影响比对工资成本的影响更大，这意味着盈利能力得到了培养。更准确地说，根据比利时强大的劳动力市场制度，我们的估计表明，与上游相关的生产率增长几乎在工资和利润之间平均分配。
This paper is the first to estimate the impact of a direct measurement of firm‐level upstreamness (i.e. the steps—weighted distance—before the production of a firm meets either domestic or foreign final demand) on productivity and wage costs. To this end, we merged detailed Belgian linked panel data, covering all years from 2002 to 2010, with a unique dataset containing accurate information on the yearly position of each firm in the value chain. We rely on the methodological framework pioneered by Hellerstein et al. (Journal of Labor Economics, 1999, 17, 409) to estimate panel data models at the firm level. Controlling for key worker and firm characteristics, our GMM‐SYS and FE‐IV estimates show that firms positioned more upstream (i.e. further away from the final consumer) create more value. Our results also indicate that the impact of firm‐level upstreamness is stronger on productivity than on wage costs, which implies that profitability is fostered. More precisely, in line with Belgium's strong labour market institutions, our estimates suggest that the productivity gains associated with upstreamness are shared almost equally between wages and profits.