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An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …
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The paper attempts to find out the relationship between informal wage and innovative efforts of firms in the formal sector in countries such as India, where informal sector captures lion's share of total workforce. A firm employs both formal and informal workers to produce a good. In equilibrium...
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An observed positive relationship between compensation and productivity cannot distinguish between two channels: (1) an …
Persistent link: https://www.econbiz.de/10012458839
Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by … that financial reforms, trade reforms, and product market reforms boost labour productivity growth. By documenting the main … channels, our results reveal that the reforms studied stimulate labour productivity growth by inducing dynamic efficiency …
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