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Record W2997915854 · doi:10.6000/1929-7092.2019.08.113

The Implications of Labour Productivity and Labour Costs on the South African Economy

2019· article· en· W2997915854 on OpenAlexvenueno aff
Itumeleng Pleasure Mongale

Bibliographic record

VenueJournal of Reviews on Global Economics · 2019
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicFiscal Policy and Economic Growth
Canadian institutionsnot available
Fundersnot available
KeywordsProductivityEconomicsLabour economicsMacroeconomics

Abstract

fetched live from OpenAlex

The research has shown that labour productivity growth has been slowing down.This trend is suggesting that the gains in the quality of employment in several regions of the world might be difficult to sustain.Furthermore, the South African workers were found to have the greatest amount of unproductive time and they are said to be having one of the lowest employee productivity stats in the world.The purpose of this study was to investigate the implications of labour productivity and labour costs on the South African economy.The Ordinary Least Square (OLS) based Autoregressive Distributed Lag (ARDL) approach was employed to analyse the quarterly time series data from 1998 to 2018.Since South Africa is faced with several challenges such as high levels of unemployment, higher wage bills and high levels of poverty; this study is envisaged to provide an empirical evidence to policymakers and union leaders alike to begin to recognise more fully the importance of labour productivity and labour costs towards economic growth.The results indicate that labour productivity has a significant positive impact on economic growth however labour costs have a significant negative impact on the economy of South Africa.Policy formulation should focus on policies that can help to improve the quality of the labour force in order to achieve desired economic growth levels that can help to increase the levels of employment and the reduction of poverty.Similarly, both the workers and the labour unions should be cautious not to milk the cash cow until it dies.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.004
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.025
Threshold uncertainty score0.051

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.004
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.003
Science and technology studies0.0010.001
Scholarly communication0.0020.002
Open science0.0000.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.033
GPT teacher head0.241
Teacher spread0.209 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2019
Admission routes1
Has abstractyes

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