A relationship between job quality and economic growth over the long run and the role of labour institutions: the case of Uruguay, 1991–2018
This study examines the relationship between job quality and economic growth in Uruguay from 1991 to 2018, highlighting the significant role of labor institutions in improving employment conditions.
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| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | María Sylvina Porras |
| Time horizon: | 2018 |
| Geographic focus: | Uruguay |
| Page count: | páginas. 109-12 |
Methods
The research method involves constructing a job quality index based on the methodology of Alkire and Foster (2007 and 2011) and using econometric techniques to estimate the long-term relationship between this index and GDP in Uruguay.
(Generated with the help of GPT-4)
Key Insights
The research analyzes the interplay between job quality and economic growth in Uruguay over the period 1991-2018, using a constructed job quality index. It finds that economic growth alone does not guarantee improved job quality. Institutional changes, such as labor laws and collective bargaining, are crucial for enhancing employment conditions. The study uses econometric techniques to estimate the long-term relationship between the job quality index and GDP, revealing a negative correlation from 2005 onwards, suggesting that job quality began to improve amidst strong economic growth and favorable institutional reforms.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2010s time horizon | 2018 time horizon | English publication language | Uruguay geographic scope | case studies | econometric models | economic growth | employment | gdp | human resources | job quality index | labor institutions | measurement | working conditions