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In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead … employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if product demand is inelastic. A …, employment and national income for Germany provided by the Federal Statistical Office. We estimate Marshallian type demand …
Persistent link: https://www.econbiz.de/10011596136
: Technological progress leads to an expansion of employment if product demand is elastic. It is accompanied, however, by shrinkage of … employment if product demand is inelastic. A transition from the elastic into the inelastic range of the demand function for the … level time series data on output, prices, employment and national income for Germany provided by the Federal Statistical …
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the union again later, convergence stops for a while after the high inflation country has joined. With irreversible …
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The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … that there is a trade-off between employment and productivity. … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …
Persistent link: https://www.econbiz.de/10010207261
The main objective of this paper is to analyse the effects of international trade on employment, focusing particularly … basic structure of analysis. It is shown that technological progress affects employment levels through the Kaldor …-Verdoorn law by endogenizing productivity growth when national prices are competitive. We conclude that high imports negatively …
Persistent link: https://www.econbiz.de/10013175170