economic growth in People's Republic of China (PRC), as diagnosed generally of tertiarization in Baumol's unbalanced growth … model. Using provincial panel data for 1985-2001, the paper examines how labor productivity of the services sector has been …; however, signs of cost disease are discernible from demand for service products, wage determination, and labor input demand of …

This paper considers unit labor costs (ulcs), i.e., the ratio of the wage rate to labor productivity, as the indicator … Philippine economy. The most salient features are: (i) decreasing wage rate (until the mid-1990s) and labor share; (ii) stable … profit rate and increasing capital share: (iii) stagnant capital-labor ratio; (iv) decreasing capital productivity; (v …

The economic success of the People’s Republic of China (PRC) over the last 3 decades has brought with it new challenges …. Rising wages and population aging mean that future growth needs to rely more on productivity improvement through industrial …

location between the People’s Republic of China and India, and act as a conduit between South and Southeast Asia.In order to …

International Labour Organization examines constraints and opportunities for increasing productive employment in Cambodia. It can … Employment -- 4. Policy Recommendations …