This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks … unboundedly. The mechanism that drives growth is the feedback between industrialization and wages. High wages are incentives to … use machines and industrialize, while industrialization raises wages. The model shows that industrialization and growth …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … passive labour market policies, and the structure of employment and output. …

employment generation have been disappointing. Most worryingly, unemployment is currently among the highest in the world. While … the early 1990s. The weakness in particular of export-oriented manufacturing has deprived South Africa from growth … decline in the relative profitability of manufacturing in the 1990s as the most important contributor to the lack of vitality …

capita income, whereas its labour productivity level -- notably in manufacturing -- remained relatively high. The Dutch …

manufacturing. Using a unique industry dataset compiled from EU KLEMS and PATSTAT, it explores which countries and industries reveal … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …

&D-intensive manufacturing industries, while it caused a significant rise in concentration in these industries. In the short run profitability …

manufacturing sector, where there is evidence of a much greater degree of stationarity of comparative labour productivity … manufacturing suggest that convergence of GDP per worker must have occurred through trends in other sectors and through …

manufacturing industries. The comparisons are based on the industry of origin approach which makes use of information on value added … and employment derived from production statistics. Output is converted to a common currency with unit value ratios which … are based on values at producer prices for individually matched products. This study shows that for the manufacturing …

environment. British manufacturing also adopted an American style `mission oriented' approach to R&D in contrast to the German …