Alexander Bick, Nicola Fuchs-Schündeln, David Lagakos, (2016), “How average hours worked varies with development: Cross-country evidence and implications”, Voxeu, 4 Ιουνίου
The development accounting literature tries to account for cross-country output per worker differences by taking stock of inputs per worker. The data employed are often measured without great precision, however, making comparisons difficult. This column presents a new, internationally comparable dataset of average hours worked per adult across the world income distribution. Adults in poor countries are found to work a lot more and with lower productivity than those in rich countries. The findings suggest that those from poorer countries are not only ‘consumption poor’, but also ‘leisure poor.
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