Analiza porównawcza mierników prawnej ochrony pracowników
Journal Title: Studia Prawno-Ekonomiczne - Year 2016, Vol 0, Issue
Abstract
The aim of the article was to compare commonly used measures of the employment protection legislation. The study was conducted for the indicators published by the OECD, the Heritage Foundation, the Fraser Institute and the World Economic Forum. The results obtained for the OECD countries indicate that different methodological assumptions adopted during the construction of these indicators have led to the low level of correlation among them (in many cases even less than 0.5). Moreover, the conducted econometric analysis has indicated that the results concerning the influence of employment protection legislation on the elasticity between GDP dynamics and the level of employment depend on the chosen measure of employment protection. In consequence, the analysed employment protection indicators should not be regarded as close substitutes.
Authors and Affiliations
Michał Pilc
Keywords
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