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potentially green industries outperform the others in terms of employment, average wages, value added and productivity, net of … implies an increase in employment and value added. In contrast, average wages and labour productivity remain unchanged. These …
Persistent link: https://www.econbiz.de/10015051964
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
.S. Average wage starts out low for a new plant and increases along with labor productivity, as the plant survives and ages. As a … plant experiences productivity decline and approaches exit, average wage falls, but more slowly than it rises in the case of … surviving new plants. Moreover, average wage declines slower than productivity does in failing plants, while it rises relatively …
Persistent link: https://www.econbiz.de/10013092472
average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant … does not fall as fast as productivity does. A dynamic model of labor quality and quantity choice by plants is estimated to …
Persistent link: https://www.econbiz.de/10010221105
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...
Persistent link: https://www.econbiz.de/10011444593
This paper provides an overview of productivity development and other related indicators in Asian-Pacific (APAC …) countries, with comparisons with the Europe region. We use the seventh vintage firm-level data from the Productivity Research … Network in the APAC region and CompNet in Europe for our study. The overall results show that the productivity growth in …
Persistent link: https://www.econbiz.de/10012545925
Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the...
Persistent link: https://www.econbiz.de/10008697164
performance, and total factor productivity. Second, we investigate whether and how such effects are transmitted to the workers, in … FNAs on firm performance, which resists a large set of robustness tests. However, such a positive effect on firms does not …, suggest that the negative effects on wages might be explained by a decrease in workers' bargaining power following the …
Persistent link: https://www.econbiz.de/10013414729
We compare the wages of skilled workers in multinational enterprises (MNEs) versus domestic firms, the earnings of … domestic firm workers with past, future and no MNE experience, and estimate how the presence of ex-MNE peers affects the wages … employers in 2003-2011. We identify the returns to MNE experience from changes of ownership, wages paid by new firms of …
Persistent link: https://www.econbiz.de/10012485877
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