Dosi, Giovanni; Virgillito, Maria Enrica; Yu, Xiaodan - 2019
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the … long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity … sector, the distribution of gains from the impressive labour productivity growth appears to be markedly uneven. Finally …