Dosi, Giovanni; Virgillito, Maria Enrica; Yu, Xiaodan - 2019
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 … (1998-2007). A few results are quite robust under different estimation strategies. First, throughout the impressive Chinese …