Update on Economic democracy and labour productivity

This briefing paper contributes to this aspect of the analysis of productivity by investigating its potential relationship with institutional arrangements in the form of economic democracy.

We have develop an index of economic democracy that attempts to represent different dimensions of economic activity – micro, meso, and macro. Our findings suggest that the degree of economic democracy is positively correlated with labour productivity.

For further information please see our latest briefing paper by following this link Economic democracy and labour productivity