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When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom. There was a...
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This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … Germany. In nearly all sectors investments in design and computerized information are larger in the UK. In contrast, German …
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major subsegments of the electrical industry is analysed in more detail for the case of West Germany. …
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