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We analyze the behavior of plant-level real wages and productivity in Turkish manufacturing after the transition to … democracy in 1987 and test whether wages under democracy causes productivity. The Turkish experience provides almost an … experimental case: real wages in manufacturing increased by 120% in the 1987-93 period due to (exogenous) political changes …
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follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the … workers are unionized and their wages depend on relative union bargaining power. If this power is high enough, then there is …
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productivity of labor. Therefore, a reallocation of labor from a sector with higher output per worker to a sector with lower output … per worker may be productivity enhancing …
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In this paper, labor productivity growth and its impacts are studied at the industry level. The development of … productivity is analyzed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is … that the industry structure that leads to fast productivity growth is connected to falling export prices. The relationship …
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some of the economic policy challenges that Germany faces. Being an optimist by nature, I would paint a rosy picture …
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