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180616 ||| eng |
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1 |
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|a Adalet McGowan, Müge
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| 245 |
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|a Labour Market Mismatch and Labour Productivity
|h Elektronische Ressource
|b Evidence from PIAAC Data
|c Müge, Adalet McGowan and Dan, Andrews
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| 246 |
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|a Inadéquation entre l'offre et la demande sur le marché du travail : observations à partir de l'étude PIAAC / Müge, Adalet McGowan et Dan, Andrews
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| 246 |
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|a Inadéquation entre l'offre et la demande sur le marché du travail : observations à partir de l'étude PIAAC
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| 260 |
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|a Paris
|b OECD Publishing
|c 2015
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| 300 |
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|a 50 p.
|c 21 x 29.7cm
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| 653 |
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|a Economics
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| 700 |
1 |
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|a Andrews, Dan
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b OECD
|a OECD Books and Papers
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| 490 |
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|a OECD Economics Department Working Papers
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| 028 |
5 |
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|a 10.1787/5js1pzx1r2kb-en
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| 856 |
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|a oecd-ilibrary.org
|u https://doi.org/10.1787/5js1pzx1r2kb-en
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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|a This paper explores the link between skill and qualification mismatch and labour productivity using cross-country industry data for 19 OECD countries. Utilising mismatch indicators aggregated from micro-data sourced from the recent OECD Survey of Adult Skills (PIAAC), the main results suggest that higher skill and qualification mismatch is associated with lower labour productivity, with over-skilling and under-qualification accounting for most of these impacts. A novel result is that higher skill mismatch is associated with lower labour productivity through a less efficient allocation of resources, presumably because when the share of over-skilled workers is higher, more productive firms find it more difficult to attract skilled labour and gain market shares at the expense of less productive firms. At the same time, a higher share of under-qualified workers is associated with both lower allocative efficiency and within-firm productivity - i.e. a lower ratio of high productivity to low productivity firms. While differences in managerial quality can potentially account for the relationship between mismatch and within-firm productivity, the paper offers some preliminary insights into the policy factors that might explain the link between skill mismatch and resource allocation
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