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The measurement of labour content : a general approach

Yoshihara, Naoki; Veneziani, Roberto - 2013

This paper analyses the theoretical issues related to the measurement of labour content in the context of general technologies with heterogeneous labour. A novel axiomatic framework is used in order to formulate the key properties of the notion of labour content and analyse its theoretical...

Persistent link: https://www.econbiz.de/10009749451

The measurement of labour content : a general approach

Yoshihara, Naoki; Veneziani, Roberto - 2017

This paper analyses the theoretical issues related to the measurement of labour content for general technologies with heterogeneous labour. A novel axiomatic framework is used in order to formulate the key properties of the notion of labour content and analyse its theoretical foundations. The...

Persistent link: https://www.econbiz.de/10011755969

Complexity, diversity and integration : evidence from recent US immigration

Wiener, Noé M. - 2022

This article proposes alternative measures of immigrant integration founded in information theory. By considering differences in the heterogeneity of outcomes between immigrants and natives, the proposed measures provide robust and non-parametric estimates of the extent to which cohorts remain...

Persistent link: https://www.econbiz.de/10013169112

Complexity, diversity and integration : evidence from recent US immigration

Wiener, Noé - 2022

This article proposes alternative measures of immigrant integration founded in information theory. By considering differences in the hetero- geneity of outcomes between immigrants and natives, the proposed mea- sures provide robust and non-parametric estimates of the extent to which cohorts...

Persistent link: https://www.econbiz.de/10013328242

Real wages and labor-saving technical change : evidence from a panel of manufacturing industries in mature and labor-surplus economies

Souza, João Paulo A. de - 2014

consistent with distributive theories whereby real wages keep apace of labor productivity growth, giving rise to long …

Persistent link: https://www.econbiz.de/10010362594

Labor productivity and the law of decreasing labor content

Flaschel, Peter; Franke, Reiner; Veneziani, Roberto - 2010

This paper analyzes labor productivity and the law of decreasing labor content (LDLC) originally formulated by Farjoun and Machover (1983). First, it is shown that the standard measures of labor productivity may be rather misleading, owing to their emphasis on monetary aggregates. Instead, the...

Persistent link: https://www.econbiz.de/10008758085

Unit labor costs and manufacturing sector performance in Africa

Naidoo, Karmen; Ndikumana, Léonce - 2020

Several studies have highlighted that African manufacturing wages are higher than comparator countries at similar … unit labor costs - average wages relative to productivity - for two-digit manufacturing sectors across a wide range of … effect on manufacturing performance than the level and growth of real wages. The results have important implications for …

Persistent link: https://www.econbiz.de/10012262304

What to make of the Kaldor-Verdoorn law?

Basu, Deepankar; Budhiraja, Manya - 2020

The Kaldor-Verdoorn law refers to a positive but less than one-for-one relationship between the growth rates of output and labor productivity, with causality running from the former to the latter. Empirical research has affirmed such a relationship and have found that the Kaldor-Verdoorn...

Persistent link: https://www.econbiz.de/10012216005

Employment and distribution effects of the minimum wage

Slonimczyk, Fabián; Skott, Peter - 2010

Using an efficiency wage model we show that over-education can be generated endogenously and that an increase in the minimum wage can raise both total and low-skill employment, and produce a fall in inequality. Evidence from the US suggests that these theoretical results are empirically...

Persistent link: https://www.econbiz.de/10003989582

The linkages between FDI and domestic investment : unravelling the developmental impact of foreign investment

Ndikumana, Léonce (contributor); … - 2007

Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a meaningful impact on economic development because of limited effects on domestic factor markets, especially domestic investment and employment. In this context, this study analyses...

Persistent link: https://www.econbiz.de/10003733947