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By focusing on direct monetary incentives, the traditional literature on motivating workers predicts that high-effort outcomes are unlikely unless workers become residual claimants of profit. However, real world employment contracts typically display a low incidence of profit sharing. In this...
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We examine the plausibility of four established and innovative identification strategies for agricultural production functions using farm-level panel datasets from five EU countries. Newly suggested proxy and dynamic panel approaches provide attractive conceptual improvements over received...
Persistent link: https://www.econbiz.de/10011820946
This paper investigates the impact of labour force composition on productivity in EU arable farming. We test for heterogeneous effects of family and hired labour for a set of five EU member states. To this end, we estimate augmented production functions using FADN data for the years 2001-2008....
Persistent link: https://www.econbiz.de/10011869171