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through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression … average of industrial prices from other industries, and by indicators of country wages weighted by industry labour shares for …
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through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression … average of industrial prices from other industries, and by indicators of country wages weighted by industry labour shares for …
Persistent link: https://www.econbiz.de/10012458102
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Purpose: Total factor productivity (TFP), for a country and for a firm as well, is a crucial element for economic growth by inducing high output. Actually, workers' effort is among the important factors that positively influence the TFP. Design/methodology/approach: In this paper, the authors...
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