{"product_id":"labor-productivity-in-the-garment-industry-evidence-from-laos-von-bounmy-inthakesone","title":"Labor productivity in the Garment Industry","description":"\u003cp\u003eThis paper investigated the factors influencing labor productivity in the garment industry in Lao PDR. This study¿s emphasis was on a firm¿s characteristics: labor quality, gender, age, and ownership, using a firms¿ balanced panel data from 2004 to 2006 in Vientiane Capital. In order to investigate these factors, only export firms were used and the Cobb-Douglas production function was employed to obtain the results. At that time, the garment industry is relatively new in Lao PDR, there is a limited amount of published data. The data set for this analysis consists of 38 firms over a period of 3 years (2004-2006), totally it has 114 observations. There are 20 foreign firms among 38 firms in each year. The results show that an increase in 1 percent of the variable labor quality leads to an increase in a firms¿ labor productivity 3.33 percent. This indicates that a firm with a large stock of educated or experienced workers will be more productive than a firm with fewer of these workers. Based on the empirical results of this analysis, it is suggested that labor quality is the most influential factor promoting a firm¿s labor productivity in the garment industry in Lao PDR.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786139418886\"\u003e\u003ch3\u003eEvidence from Laos\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9786139418886","offer_id":39459422535773,"sku":"9786139418886","price":23.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/9261772a-ec24-47d6-98c2-b9d9478803a3.jpg?v=1776499986","url":"https:\/\/shop.autorenwelt.de\/products\/labor-productivity-in-the-garment-industry-evidence-from-laos-von-bounmy-inthakesone","provider":"Autorenwelt Shop","version":"1.0","type":"link"}