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During the Golden Age (1950-1973), Portugal stood out in the international scene, converging economically with the group of more industrialised economies. In this paper, we start by analysing the main factors that explain the extraordinary economic performance of Portugal during that crucial...
Persistent link: https://www.econbiz.de/10014500340
hiring and firing of workers, labour reallocation and productivity growth. It also reviews how workers affected by labour … labour market flows and these flows, in turn, have significant impacts on productivity growth. At the same time, the evidence …
Persistent link: https://www.econbiz.de/10009153475
missed. Looking at the relationship between FDI growth on one hand and labour productivity, capital productivity and …
Persistent link: https://www.econbiz.de/10011392225
Studies regarding the migrants' impact upon performance variables and in particular upon productivity growth - which is … industries and regions and output and productivity growth. We do obtain robust results with respect to the positive impact of the … - on the relationship between productivity growth and the shares of migrants and of high-skilled migrants in overall …
Persistent link: https://www.econbiz.de/10011392342
productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10011337988
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …
Persistent link: https://www.econbiz.de/10010357676
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …
Persistent link: https://www.econbiz.de/10010374513
The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …
Persistent link: https://www.econbiz.de/10009791192
Persistent link: https://www.econbiz.de/10010251789
Persistent link: https://www.econbiz.de/10011435874