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Table 3 Evolution of the LME and its underlying components. Example of France

From: Composite indicators of labour market regulations in a comparative perspective

 

LME

Cooperation

Flexibility

Hiring and Firing

Tax

Pay and Prod

Management

Brain Drain

Female LFP

Redundancy

Rigidity of Employment

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

2012

4.41

3.3

5.1

2.5

2.8

3.9

5.0

3.7

0.88

12

 

2011

4.38

3.4

5.2

2.7

2.8

4.1

5.1

4

0.87

32

52

  1. For components in columns 9, 10, and 11, hard data are reported
  2. For Rigidity of Employment, only hard data are reported by WEF. According to our computation, the min-max converted score is 5.5 in 2011
  3. Source: WEF Reports, 2011, 2012
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