of a spatial lag for the errors being significant. Second, the study also highlights the nonlinearity of the effect of …

chronic factor characterized by an excess of real wages compared to the labor productivity gains, a conjunctural factor … of the real hourly labor cost over the marginal productivity of labor (with a time varying sensibility), on the growth … by the end. This result must be connected with deflation, price/wage de-indexation, and labor unions' decreasing …