Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low … productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across … sectors would enable emerging countries to overcome the middle-income trap. Y et, this positive trend in productivity should …

Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low … productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across … sectors would enable emerging countries to overcome the middle-income trap. Yet, this positive trend in productivity should …