The measurement of labour productivity in wholesaling
August 1990
Article
pp 21-34.
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Labour productivity is often discussed in economic literature, yet productivity studies in wholesaling are rare. On the whole, wholesaling is a neglected area of research in contrast with its important position in the distribution channel. Our analysis of labour productivity in wholesaling makes use of a labour-cost relationship — originally developed for retailing — to study differences in labour productivity across wholesale business types. For this purpose, averaged data are used of 61 German wholesale types for the 7-year period, 1979 through 1985. The labour-output relationship is estimated applying a pooled, an error-component and a variable-intercept model. Also, heteroskedasticity is considered.
Keywords
Automatically Extracted Terms
- labour
- productivity
- labour productivity
- model
- variable-intercept model
- business types
- business
- value
- / measurement
- wholesaler
- service
- variable-intercept
- effect
- volume
- van dalen
- purchase
- inventory turnover rate
- distribution
- seller
- result
