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past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little … out "premature deindustrialization": first, it is mostly unskilled jobs that have disapp eared, and also the wage premium …, premature deindustrialization has been driven by occupations which are intensive in tasks that are vulnerable to an increasing …
Persistent link: https://www.econbiz.de/10012025990
This paper uses panel cointegration and error correction models to unveil the direction of long-run causality between the real product wage and labor productivity at the industry level. I use two datasets of manufacturing industries: the EU-Klems dataset covering 11 industries in 19 developed...
Persistent link: https://www.econbiz.de/10010362594
This paper studies the coevolution of the fall in the US corporate sector labor share and the rise of business activity in tax-preferred, pass-through form. Reallocating activity to the form it would have taken prior to the Tax Reform Act of 1986 accounts for one third of the decline in the...
Persistent link: https://www.econbiz.de/10013322756
Persistent link: https://www.econbiz.de/10010401003
productivity growth in Malaysia. Using data from the Department of Statistics Malaysia from 1987 to 2018 and decompositions that … take account of the static and dynamic efficiency gains from labor reallocation, it documents that Malaysia has undergone … between-sector reallocation of labor to growth in output per capita in Malaysia has been relatively low. Accordingly, together …
Persistent link: https://www.econbiz.de/10012390628
Persistent link: https://www.econbiz.de/10011588816
This paper investigates the impact of foreign labour on domestic manufacturing wages through a case study of Malaysia …
Persistent link: https://www.econbiz.de/10014178669
Persistent link: https://www.econbiz.de/10012030719
Persistent link: https://www.econbiz.de/10014462503
China, market size and urbanization; and technological factors such as digital technology adoption. An inverse U …-shape relationship between industrialization and GDP per capita is consistent with (premature) de-industrialization. Technological change …
Persistent link: https://www.econbiz.de/10014249268