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saturation of the services sector. Moreover, productivity growth is weakening within more labour-intensive sectors. We conclude …
Persistent link: https://www.econbiz.de/10011382454
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
Persistent link: https://www.econbiz.de/10014558581
low productivity growth due to slow industrialization, especially in manufacturing. The chronic problems of high …
Persistent link: https://www.econbiz.de/10013124191
This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by significant structural change with the share of the labor...
Persistent link: https://www.econbiz.de/10013024884
underinvestment? This paper argues that the Philippines poor growth performance is to be attributed to low productivity growth due to …
Persistent link: https://www.econbiz.de/10009127042
This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by significant structural change with the share of the labor...
Persistent link: https://www.econbiz.de/10012457639
Recurring in Preindustrial Economy -- Chapter 3. Capital Accumulation -- Chapter 4. Productivity Growth -- Chapter 5. Inequality … substantially over the last two centuries, driven by increased labor productivity, and derived from more intense andefficient use of …
Persistent link: https://www.econbiz.de/10015044871
Persistent link: https://www.econbiz.de/10012249507
can be a driving force in reducing gaps between countries (especially experienced by productivity and income) in order for … level of productive employment in Romania determined mainly by low labour productivity, low wages, high vulnerable … countries, as well as the existence of the highest in-work poverty risk in EU emphasizes the need to accelerate productivity …
Persistent link: https://www.econbiz.de/10011841943