TY - BOOK
T1 - Unpaid Overtime: Measuring its Contribution to the UK Industries? Output
AU - Papagiannaki, Eleni
AU - Giraleas, Dimitris
AU - Thanassoulis, Emmanuel
N1 - M1 - working_paper
PY - 2021/6/6
Y1 - 2021/6/6
N2 - Unpaid overtime in Britain has been excessive. The article measures the contribution of unpaid overtime in relation to UK industries economic output (Gross Value Added-GVA) for the period 2002-2012, using the Labour Force Survey (LFS) and the Office for National Statistics (ONS-Blue Book), capturing the different patterns before and after the 2007-8 crisis. Measuring unpaid overtime?s contribution and the other parts of working day has important implication on labour?s remuneration. The paper adopts an out-put-based approach evaluation of unpaid labour. A decomposed working day is therefore examined by employing statistical regression methods (Pooled OLS,LASSO and FGLS) to account for unpaid overtime?s contribution to the UK industries? output (GVA). The results display a strong link between unpaid overtime and GVA, and particularly its post-crisis contribution to GVA is significant in contrast to the weak pre-crisis relationship.
AB - Unpaid overtime in Britain has been excessive. The article measures the contribution of unpaid overtime in relation to UK industries economic output (Gross Value Added-GVA) for the period 2002-2012, using the Labour Force Survey (LFS) and the Office for National Statistics (ONS-Blue Book), capturing the different patterns before and after the 2007-8 crisis. Measuring unpaid overtime?s contribution and the other parts of working day has important implication on labour?s remuneration. The paper adopts an out-put-based approach evaluation of unpaid labour. A decomposed working day is therefore examined by employing statistical regression methods (Pooled OLS,LASSO and FGLS) to account for unpaid overtime?s contribution to the UK industries? output (GVA). The results display a strong link between unpaid overtime and GVA, and particularly its post-crisis contribution to GVA is significant in contrast to the weak pre-crisis relationship.
UR - http://www.open-access.bcu.ac.uk/11749/
M3 - Commissioned report
VL - 13
BT - Unpaid Overtime: Measuring its Contribution to the UK Industries? Output
PB - Centre for Applied Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University
ER -