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Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze … United States showed a behavior that was influenced by new technologies, whereas in Spain the contribution of productivity to …
Persistent link: https://www.econbiz.de/10005040714
for improved productivity performance in the Central and Eastern Europe countries (CEE) at the macro and industry level …
Persistent link: https://www.econbiz.de/10008869287
FDI. In the second “expansionary” phase the sustained convergence has to rely more on productivity growth in sectors that …This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although …
Persistent link: https://www.econbiz.de/10008869296
wage convergence, defined this way, has no theoretical underpinnings. According to the experience of less developed EU … members that joined the union in the 1970s and 1980s, the so called cohesion countries, even after accession, wage convergence … competitiveness of Hungarian products. The article draws up possible convergence scenarios for the Hungarian wages. It turns out that …
Persistent link: https://www.econbiz.de/10011110057
This paper examines, through the use of plant-level data, whether R&D’s productivity impact is contingent on the … distance of a plant’s productivity from the industry’s technological frontier. R&D is specified as an accumulated stock from R …&D investments. We analyse the productivity effect of a plant’s own R&D as well as the productivity impact of the plant’s parent firm …
Persistent link: https://www.econbiz.de/10005789994
change in employment in India that results from the exclusionary nature of the growth process hardly approximates the … categories in non-agriculture and argues that the shift in employment basically expands the ‘reserve army of labour’ in the …
Persistent link: https://www.econbiz.de/10008578236
Increasing returns to skill is often attributed to the rising relative demand for skilled workers driven by advancement in skill-complementary technology. In the context of India this paper argues that fluctuations in skill-premia in different sectors are primarily because of the shift in the...
Persistent link: https://www.econbiz.de/10008578251
The paper explores a novel extension of the R&D-productivity literature. It puts forward an empirical model where … sectoral productivity growth is related to the characteristics of technological regimes and a set of other industry … show, in particular, that sectoral differences in productivity growth in Europe are related to cross-industry differences …
Persistent link: https://www.econbiz.de/10008765921
ambitious Lisbon goals with respect to employment, productivity and innovation. … net employment growth in the European Union since the second half of the 1990s. Apart from this direct growth contribution …, the sector also contributed in an indirect way to economic growth by generating knowledge and productivity spill-overs for …
Persistent link: https://www.econbiz.de/10005790451
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561