Comparative Productivity and Unemployment

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Published Jul 18, 2019

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Robert Drago
Assistant Professor of Economics, University of Wisconsin, Milwaukee

Abstract

A recent study by Abram Bergson shows that socialism significantly reduces productivity. We replicate that study after including an unemployment variable to capture work discipline effects in capitalist countries. The results suggest that unemployment is a cause of greater productivity in capitalist countries.

Article Details

Issue
Vol 23 No 4 (1989): Economic Analysis
Section
Articles
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