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Productivity

If worker-representatives have appropriate mechanisms for sharing information with the workforce, could increase productivity and innovation by improving information flow within firms. A study of French firms found no significant difference in productivity between labor-managed and conventional firms. German codetermination improved labor productivity (value-added per employee) by 16 - 21%. “ There is apparently consistent support for the view that worker participation in management causes higher productivity. This result is supported by a variety of methodological approaches, using diverse data and for disparate time periods.” Theoretical arguments suggest that codetermination has scope for real efficiency gains in terms of both productivity & job satisfaction, but the latter is difficult to measure, while the former is mostly likely to show up in long-run data sets that are difficult to acquire. Data from 1972-76 and 1981-85 find codetermination had a small positive effect on productivity following the 1976 strengthening of codetermination laws.
Voice at Work Codetermination and Enterprise Performance: Empirical Evidence from West Germany NIT Picking: The macroeconomic effects of a negative income tax The Economic Costs of Childhood Poverty in the US Do Financial Concerns Make Workers Less Productive? UBI in the US and Advanced Countries
Benjamin Schoefer Simon Jäger Jarkko Harju Anoop Rai Michael A. Gurdon Martin Lopez-Daneri Jens Ludwig Greg J. Duncan
Codetermination Basic Income
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