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the US. Another example that may be less familiar to many people is Singapore (the second fastest growing economy from …
Persistent link: https://www.econbiz.de/10003485602
In this paper, we take another approach to accounting for the sources of Singapore's economic growth by being explicit … about the channels through which Singapore, as a technological follower, benefits from international Ramp;D spillovers …, we show that 57.5 percent of Singapore's real GDP per worker growth rate over the 1970-2002 period is due to multifactor …
Persistent link: https://www.econbiz.de/10012713261
The past three and a half decades witnessed a distinctly declining trend in Singapore's unemployment rate, which … empirically examine the factors that have influenced Singapore's unemployment rate in an environment of low and stable inflation … weight unions attach to employment, and the elasticity of labor demand, which the authors estimate using data on Singapore …
Persistent link: https://www.econbiz.de/10014073539