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We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications … reallocation of labor from agriculture to manufacturing and services, which have higher capital intensity and use resources more …
Persistent link: https://www.econbiz.de/10010745276
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … reallocation of labor from agriculture to manufacturing and services, which have higher capital intensity and use resources more …
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