This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity … and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker … and low productivity firms seeking to cut wages. The model highlights the antipodal competitive dynamics between a …

manufacturing industries of France, Germany, UK and USA. We first disentangle the contribution to industry-level productivity growth … of within-firm productivity changes and between-firms reallocation of shares. The evidence corroborates that within … extent firm growth rates are shaped by relative productivity levels in deviation from industry average and by the over time …

This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity … sector, the distribution of gains from the impressive labour productivity growth appears to be markedly uneven. Finally …

This article explores the dynamics of market selection by investigating of the relationships linking productivity … that productivity variations, rather than relative levels, are the dominant productivity-related determinant of firm growth …

", as proxied by productivity growth shocks - in line with the Real Business Cycle framework -, and we provide empirical …