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Jobless growth in the South Korean manufacturing industry has been observed since 2015. Even as total value added in the manufacturing sector is continuously growing, manufacturing employment levels are decreasing; this pattern first emerged in the 1990s, lasting for a decade. The decoupling of...
Persistent link: https://www.econbiz.de/10014263910
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions …. Since the late 1990s, the wages of state-owned enterprises have increased rapidly and wage disparities between skill …
Persistent link: https://www.econbiz.de/10003976837
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions …. Since the late 1990s, the wages of state-owned enterprises have increased rapidly and wage disparities between skill …
Persistent link: https://www.econbiz.de/10013141714
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …
Persistent link: https://www.econbiz.de/10012750339
the way they intervene in explaining the labour productivity change in the period 1995-00. One of the reasons why France … share.In France, the contribution of ICT to the hourly labour productivity growth accelerated quite strongly over 1995 …-00 relative to the previous period. This acceleration was indeed accompanied by an acceleration in the total factor productivity …
Persistent link: https://www.econbiz.de/10013111631
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011398011
This paper estimates the gender-specific effects of birthweight on a variety of schooling and labor market outcomes. A unique feature of the study is to use micro evidence on the relationship between birthweight - an early measure of nutritional advantage - and schooling outcomes to make...
Persistent link: https://www.econbiz.de/10009696201
2010 and 2016, we analyse the relationships between productivity and wages. At odds with neoclassical theory of marginal … productivity of labor, we find that two thirds of firms insufficiently raised wages given observed productivity growth. Employing … the distributions. Most of the documented dynamics contributed not only to the divergence of productivity and wages but …
Persistent link: https://www.econbiz.de/10012696465
determination processes. The low elasticities of wages to productivity are plausibly the consequence of the massive flow of migrant …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 …
Persistent link: https://www.econbiz.de/10011986753
also to improve productivity and returns in low-end jobs. Then only tertiary sector revolution in India will be beneficial …
Persistent link: https://www.econbiz.de/10012777052