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We analyse how changes in international trade integration affect productivity and the functional income distribution … integration increases productivity. Second, we show that international trade integration is associated with higher labour shares …
Persistent link: https://www.econbiz.de/10014246661
We analyze how changes in international trade integration affect productivity and the functional income distribution … trade integration increases productivity. Moreover, we show that both trade in intermediate inputs and trade in value added … in value added on the labor share of income. Further, we show that the effects on productivity and labor share are …
Persistent link: https://www.econbiz.de/10014444832
transition from a high to a low competition environment. These are either the wealthy, or agents with low productivity relative …
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witness also a worrying slowdown in productivity growth, which predates the GFC. A related concern is that this decline in … productivity growth has coincided with persistently high inequalities of income, wealth and well-being in general. This, in turn … performance and stronger productivity growth.This contribution will argue we should have a broader and more inclusive approach to …
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total-factor-productivity (TFP) elasticity of output per worker of 2.8. This implies that a factor of 3 difference in TFP is …
Persistent link: https://www.econbiz.de/10003375221
total-factor-productivity (TFP) elasticity of output per worker of 2.8. This implies that a factor of 3 difference in TFP is …
Persistent link: https://www.econbiz.de/10013096877