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capable of performing human work skills. The basic model, with a single sector and homogeneous labor, projects output growth … rates over the next few decades that are substantially above historical growth rates in industrialized countries, assuming … plausible increases in computer skill. The projected output growth is accompanied by structural changes reflecting the reduced …
Persistent link: https://www.econbiz.de/10009441014
Neoclassical theory presumes that the demand for labor is a function of its real wage. Many local development agencies have taken this proposition as an article of faith, designing policies that effectively lower the real cost of labor. Empirical evidence for the textiles and electronics...
Persistent link: https://www.econbiz.de/10009441478
This paper uses a dataset on the foreign activities by Swedish manufacturing firms to examine the performance of German affiliates compared with affiliates in other locations. It is found that German affiliates, on average, have higher labour productivity, R&D expenditure per employee and...
Persistent link: https://www.econbiz.de/10009442376
In most instances, the dynamic response of monetary and other policies to shocks is infrequent and lumpy. The same holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and prices. We show that the standard practice of estimating...
Persistent link: https://www.econbiz.de/10009444189
Berla Karo Karo, 2009, Analyze of Market Labor in North Sumatera, under the guidance Dr. Murni Daulay, M.Si. (Chief), Drs. Iskandar Syarief, M.A. (Members).The purpose of this study is to analyze the influence of the variables of supply and demand for labor for the labor market in North Sumatra....
Persistent link: https://www.econbiz.de/10009464645
The labor share is defined as the share of value added which is payed out to workers. It is therefore often also called the wage share. Generally it is assumed that value added is produced with capital and labor as input factors so that Y = F(K;L) where Y is value added or output, K the capital...
Persistent link: https://www.econbiz.de/10009467131
Applying a common empirical approach to comparable industry-level data on production, trade, and labor markets for Japan and South Korea, this paper aims to investigate the impacts of outsourcing on different sectors of the labor market focusing on differences in educational attainment. While...
Persistent link: https://www.econbiz.de/10009472554
major driver of economic growth. New firms speed up structural change, foster market development and product variety by … driver for productivity growth and net employment growth is a small group of high-potential start-ups, called gazelles, which … and firms’ employment growth.Several firm-specific, founder-specific and industry-specific factors have been identified to …
Persistent link: https://www.econbiz.de/10009475327
Critics of globalization claim that U.S. manufacturing firms are being driven by the prospects of cheaper labor to shift employment abroad. Yet the evidence, beyond anecdotes, is slim. Using firm-level data collected by the U.S. Bureau of Economic Analysis (BEA), we estimate the impact on U.S....
Persistent link: https://www.econbiz.de/10009477116
We investigate the microeconomic effects of labor regulations that protect employment and are expected to increase rigidity in labor markets. We exploit a unique outlet-level dataset obtained from a multinational food chain operating about 2,840 retail outlets in 43 countries outside the United...
Persistent link: https://www.econbiz.de/10009477273