Your English writing platform
Discover LudwigSuggestions(1)
Exact(10)
The panel covers a large part of the private sector, provides accurate information on average productivity (i.e. the average value added per hour worked) and allows us to control for a wide range of worker and firm characteristics.
Countries where the minimum wage was more than 79%% of the average value added per worker were given a rating of 0. Countries with no minimum wage were given a rating of 10.
Source: Global Competitiveness Reports, World Economic Forum (various issues) Minimum wages (from 2006 onwards): This component is based on the World Bank's Ease of Doing Business data for the ratio of mandated minimum wage to the average value added per worker, a component that is part of the "Difficulty of Hiring Index".
Finally, a score of 1 is assigned if the ratio of the minimum wage to the average value added per worker is 0.75 or more; 0.67 for a ratio of 0.50 or more but less than 0.75; 0.33 for a ratio of 0.25 or more but less than 0.50; and 0 for a ratio of less than 0.25".
Productivity losses were valued according to the average value added per worker by age and gender per day and per hour prices [ 43].
Productivity losses as measured by the SF-HQL are valued according to the average value added per worker by age and gender per day and per hour.
Similar(50)
Vi represents the minimum wage to average value added per worker ratio.
Over the period 1998 2006 in Belgium, Cataldi et al. (2012) and Vandenberghe et al. (2013) provide evidence that a rise in the share of occupied workers aged at least 50 reduces the log of firm's average value added per worker more than the log of its average labor cost per worker.
Countries with higher mandated minimum wages relative to average value added per worker are given lower ratings.
In most instances those average values add up to a figure that is much higher than the amount of money the pension plan actually has.
In Table 3, the average value-added ratio to the total product is 0.304 for China-JS.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com