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asymmetries in the convergence process of the RULCs and its components-real wages, capital intensity, and technology-are uncovered … convergence and, by extension, nominal convergence. We conclude by outlining technology as the key convergence factor, and call …
Persistent link: https://www.econbiz.de/10011417168
asymmetries in the convergence process of the RULCs and its components - real wages, capital intensity, and technology - are … achieving real convergence and, by extension, nominal convergence. We conclude by outlining technology as the key convergence …
Persistent link: https://www.econbiz.de/10010369774
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970-1997. We explicitly aim to trace back aggregate...
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The objective of the article is to evaluate the impact of personnel costs on apparent labour productivity by employing the 1995-2018 panel data of the manufacturing industry in 27 European countries. The methods of independent samples t-test, correlation analysis, Granger causality test, unit...
Persistent link: https://www.econbiz.de/10013164155
The diversity of technological activities that contribute to growth in labour productivity is examined in this paper for manufacturing and services industries in eight major EU countries. We test the relevance of the two major strategies of technological competitiveness (based on innovation in...
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