@TechReport{iza:izadps:dp9463,
            	author={Devicienti, Francesco and Grinza, Elena and Vannoni, Davide},
            	title={The Impact of Part-Time Work on Firm Total Factor Productivity: Evidence from Italy},
            	year={2015},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={9463},
            	url={https://www.iza.org/index.php/publications/dp9463},
	abstract={In this paper, we explore the impact of part-time work on firm productivity. Using a large panel data set of Italian corporations' balance sheets for the period 2000-2010, we first estimate the total factor productivity (TFP) of each firm for each year. We use different approaches aimed at solving input simultaneity, including a version of Ackerberg et al.'s (2006) control function approach, which accounts for firm fixed effects. We then match the TFP estimates with rich information on the firms' use of part-time work obtained from survey data and estimate the impact of part-time work on TFP at the firm level.
We find that an increase of 1 standard deviation in the part-time share reduces TFP by 2.03%. The results suggest that this harmful effect stems from horizontal rather than vertical part-time arrangements. We also find that firms declaring that they use part-time work to accommodate workers' requests suffer the most. Moreover, we show that the so-called 'flexible' and 'elastic' clauses are successful in reducing the negative impact associated with part-time work.},
	keywords={firm total factor productivity (TFP);flexible and elastic clauses;horizontal and vertical part-time contracts;part-time work;semiparametric estimation methods},
            }