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Persistent link: https://www.econbiz.de/10010519800
This paper considers unit labor costs (ulcs), i.e., the ratio of the wage rate to labor productivity, as the indicator of competitiveness in the Philippines. It is shown that ulcs have an interpretation from the point of view of the functional distribution of income (i.e., the distribution of...
Persistent link: https://www.econbiz.de/10011279894
This paper examines the relationships between economic growth, income distribution, and poverty for 17 Asian countries for the period 1981–2001. First, it investigates how much growth is required to offset the adverse effect of an increase in inequality on poverty. This trade-off between...
Persistent link: https://www.econbiz.de/10003496808