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Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers’ convergence could therefore...
Persistent link: https://www.econbiz.de/10014191259
Globalization has drastically improved access of technological latecomers to advanced technologies and provides a unique opportunity for low-income countries to raise per capita income. This paper shows that low-income countries as a group have in fact substantially increased the GDP-ratio of...
Persistent link: https://www.econbiz.de/10010279238
Concerns about the duration of China's growth and hence the question of a permanent significant contribution of China … to world economic growth relate, amongst other things, to the problem of reducing regional disparity in China. While … China's high average growth is driven by a small number of rapidly developing provinces, the majority of provinces have …
Persistent link: https://www.econbiz.de/10010273441
Concerns about the duration of China's growth and hence the question of a permanent significant contribution of China … to world economic growth relate, amongst other things, to the problem of reducing regional disparity in China. While … China's high average growth is driven by a small number of rapidly developing provinces, the majority of provinces have …
Persistent link: https://www.econbiz.de/10003725594
This paper explores the impact of globalization on some determinants of per worker labor productivity in U.S. manufacturing industries. Information and Communication Technologies (ICTs), and trade liberalization are examined as two main drivers of globalization in this study. The estimation...
Persistent link: https://www.econbiz.de/10013065252
Persistent link: https://www.econbiz.de/10013347505
&D business functions. We do not find any direct effects of robot adoption; robotization affects labor only indirectly, by … through which rapid robotization in China shaped robotization in Europe and, therefore, GVC participation. This highlights an … understudied way by which the global integration of China has affected relative demand for labor in its trading partners. …
Persistent link: https://www.econbiz.de/10013549118
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10003781188
This paper discusses the occurrence of Skill-Enhancing Technology Import (SETI), namelythe relationship between imports of embodied technology and widening skill-basedemployment differentials in a sample of low and middle income countries (LMICs)...
Persistent link: https://www.econbiz.de/10005863024
We document a significant increase in the sorting of workers by cognitive and non-cognitive skills across Swedish firms between 1986 and 2008. The weight of the evidence suggests that the increase in sorting is due to stronger complementarities between worker skills and technology. In...
Persistent link: https://www.econbiz.de/10010532546