The influence of lagged adjustment and consumer spending on retail labour productivity is investigated. Both influences result in a procyclical productivity pattern.

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doi.org/10.1111/j.1467-8586.1986.tb00212.x, hdl.handle.net/1765/9584
Bulletin of Economic Research
Erasmus School of Economics

Thurik, R., & Kleijweg, A. J. M. (1986). Procyclical retail labour productivity. Bulletin of Economic Research, 169–175. doi:10.1111/j.1467-8586.1986.tb00212.x