Equilibrium distribution of labor productivity: a theoretical model

Journal of Economic Interaction and Coordination - Tập 10 - Trang 57-66 - 2013
Hideaki Aoyama1, Hiroshi Iyetomi2, Hiroshi Yoshikawa2
1Graduate School of Science, Kyoto University, Kyoto, Japan
2Graduate School of Economics, The University of Tokyo, Tokyo, Japan

Tóm tắt

We construct a theoretical model for equilibrium distribution of workers across sectors with different labor productivity, assuming that a sector can accommodate a limited number of workers which depends only on its productivity. A general formula for such distribution of productivity is obtained, using the detail-balance condition necessary for equilibrium in the Ehrenfest–Brillouin model. We also carry out an empirical analysis on the average number of workers in given productivity sectors on the basis of an exhaustive dataset in Japan. The theoretical formula succeeds in explaining the two distinctive observational facts in a unified way, that is, a Boltzmann distribution with negative temperature on low-to-medium productivity side and a decreasing part in a power–law form on high productivity side.

Tài liệu tham khảo

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