Showing 1 - 10 of 148
This paper constructs a data set on purchasing-power-parity (PPP) adjusted skilled and unskilled wages in 139 countries … Oostendorp (2000) Occupational Wages Around the World (OWW) le. It nds strong evidence for the existence of well … real wages, implying that the claim of "Divergence, Big Time" (Pritchett 1997) has to be qualied when factor markets are …
Persistent link: https://www.econbiz.de/10009363340
, adjusted for inflation, yields a 0.7 percent trend growth rate in real wages for the 1990-07 period. Real wage growth rate at … avoided. In contrast, there hardly has been any sizeable positive impact on the real wages of the informal sector workers …
Persistent link: https://www.econbiz.de/10009363364
The Harris-Todaro hypothesis replaces the equality of wages by the equality of expected wages as the basic equilibrium … when a mechanism for the determination of urban wages is specified. This article reviews work in which the Harris …
Persistent link: https://www.econbiz.de/10009365084
The industrial transformation of Asia is a development on a scale unprecedented in human history. Following the industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world economy and global power. Now economic weight is...
Persistent link: https://www.econbiz.de/10011277990
This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278003
This paper presents a simple model of industrial upgrading as a result of backward and forward information linkages between upstream and downstream relations. It also serves as an empirical investigation of the impact of mutual knowledge exchange on the knowledge production function using data...
Persistent link: https://www.econbiz.de/10011278011
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
with the People’s Republic of China (PRC), and India (“the ACI countriesâ€), are no strangers to this underlying trend … regional economies such as India and the Philippines. There is clear scope for policymakers to support expansion of this kind … General Agreement on Trade in Services (GATS). Conclusion of a services agreement with India could provide an additional spur …
Persistent link: https://www.econbiz.de/10011278062
This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278071
countries—on aggregate welfare, relative wages, and global emissions in the rest of the world. It outlines several analytical …
Persistent link: https://www.econbiz.de/10011278074