The 10 sub-indexes are the financial freedom (Fin), investment freedom (Ivst), business freedom (Busi), property rights freedom (PPR), corruption freedom (Crup), fiscal freedom (Fiscal), trade freedom (FreeTrd), government size (FreeGov), monetary freedom (Mny) and labor freedom (Labor) indices.
All costs were inflated to 2011 US dollars using the Plant Cost Index from Chemical Engineering Magazine [ 11– 15], the Industrial Inorganic Chemical Index from SRI Consulting [ 16], and the labor indices provided by the US Department of Labor Bureau of Labor Statistics [ 17].
The results showed that the coefficient of variation of consistency of the motor current decreased from 10.7% by manual control to 7.4% by the load control system, and labor intensity index decreased to 8 from 13 after using the load control system.
Most other labor cost indexes are also rising mildly.
DRG is calculated using many variables, including case mix index, labor share, wage index, non-labor share, cost of living adjustments, technology payments, and total number of Medicare cases.
Using the 2010 American Community Survey, a household labor market specialization index is created.
Also, in this period, the average change in the labor force using index has decreased in the subsector of tobacco production, spinning products, wood and its products, furniture and other products (FOP), as well as in oil derivatives subsector, but it has increased in other subsectors.
The coefficients on the interaction terms between the labor-market institution index and the overall unemployment rate change identify how the effects of overall labor-market shock on age-specific unemployment rates depend on labor-market institutions, such as firing restrictions, unemployment insurance, and wage-setting institutions.
Endogenous variables: Δ(Unemployment rate)all ages,t and its interactions with labor market institution indexes.
The value of labor freedom sub-index score of the IEF.
Estimation Method: Random Effects IV using Δ(GDP growth rate) t-1and its interactions with labor market institution indexes as IV.
