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Unlike economies as a whole, manufacturing industries exhibit strong unconditional convergence in labor productivity. The article documents this at various levels of disaggregation for a large sample covering more than 100 countries over recent decades. The result is highly robust to changes in...
Persistent link: https://www.econbiz.de/10010637388
The authors study the relationship between politics and economic growth in a simple model of endogenous growth with distributive conflict among agents endowed with varying capital/labor shares. They establish several results regarding the factor ownership of the median individual and the level...
Persistent link: https://www.econbiz.de/10005815067
Persistent link: https://www.econbiz.de/10005690937
Persistent link: https://www.econbiz.de/10005737593
Unlike economies as a whole, manufacturing industries exhibit strong unconditional convergence in labor productivity. The article documents this at various levels of disaggregation for a large sample covering more than 100 countries over recent decades. The result is highly robust to changes in...
Persistent link: https://www.econbiz.de/10010683163
Controlling for labor productivity, income levels, and other possible determinants, there is a robust and statistically significant association between the extent of democracy and the level of manufacturing wages in a country. The association exists both across countries and over time within...
Persistent link: https://www.econbiz.de/10005549758