productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

productivity growth ; technology indicator ; technology shifter ; OECD countries …

methodology that combines institutions and human agency into an interdependent system, applying the configuration theory. We argue …