Unpaid Overtime: Measuring its Contribution to the UK Industries’ Output
Papagiannaki, Eleni and Giraleas, Dimitris and Thanassoulis, Emmanuel (2021) Unpaid Overtime: Measuring its Contribution to the UK Industries’ Output. Working Paper 13. Centre for Applied Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University.
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20210525_CAFE_WP13_Papagiannaki et al - Unpaid Overtime- Measuring its Contribution to the UK Industries’ Output.pdf - Published Version Download (1MB) |
Abstract
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.
| Item Type: | Monograph (Working Paper) | ||||
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| Identification Number: | 13 | ||||
| Dates: |
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| Subjects: | CAH09 - mathematical sciences > CAH09-01 - mathematical sciences > CAH09-01-03 - statistics CAH15 - social sciences > CAH15-02 - economics > CAH15-02-01 - economics |
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| Divisions: | Faculty of Business, Law and Social Sciences > Birmingham City Business School > Centre for Applied Finance and Economics Faculty of Business, Law and Social Sciences > Birmingham City Business School |
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| Depositing User: | Eleni Papagiannaki | ||||
| Date Deposited: | 07 Jun 2021 09:40 | ||||
| Last Modified: | 22 Mar 2023 11:48 | ||||
| URI: | https://www.open-access.bcu.ac.uk/id/eprint/11749 |
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