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 …

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 … to plunge a region into crisis. In our empirical analysis we use industry level time series data on output, prices …

this variation of unemployment building on the regional industry composition and technological progress. It is shown …: 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 …