trend between labor productivity and labor compensation caused by innovation and knowledge growth model. Study results offer …We observe a growing empirical literature on the divergence between labor productivity and compensation on a global … between productivity and pay after 1980s. In this paper, we offer evidence of the decoupling in China from 1952 to 2018. We …

that a focus on innovation in the knowledge creation process itself- might ultimately deliver exponential returns to … Revolution’ associated with high productivity growth and potentially exponential returns to investments in research. This …