productivity rise the wage hikes should be linked. In this paper we examine the economy-wide productivity rise vs the industry …-level rise in productivity as a basis for a wage norm. We evaluate the consequences of these alternatives from the point of view … which takes the aggregate productivity rise as its norm, has given room for the profitable industries to grow, but, on the …

technological change and productivity growth takes place in an economy. Quite normally, some 30-50% of an industry's productivity … growth is due to this particular mechanism. Disruptions to this mechanism would have considerable effects on productivity …

productivity rise the wage hikes should be linked. In this paper we examine the economy-wide productivity rise vs the industry …-level rise in productivity as a basis for a wage norm. We evaluate the consequences of these alternatives from the point of view … which takes the aggregate productivity rise as its norm, has given room for the profitable industries to grow, but, on the …