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productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that … and employment opportunities of low-skilled workers tended to improve until about 1980, but have deteriorated since then …
Persistent link: https://www.econbiz.de/10011490893
Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of … schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD … countries the price of schooling has increased faster in 1970-94 than would be compatible with constant schooling productivity …
Persistent link: https://www.econbiz.de/10011491109
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productivity growth. …
Persistent link: https://www.econbiz.de/10011537553
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linkage between channels of international knowledge spillovers and total factor productivity. We distinguish between domestic … contribution of technology transfer to industrial productivity. To account for technological distance, we weight foreign knowledge … by bilateral technological proximity. By adopting estimation methods reflecting recent developments in the treatment of …
Persistent link: https://www.econbiz.de/10009515007
factor productivity. Overall, our DOLS estimation results do not support the BS hypothesis. For the last two decades, we find … 1970 to 2008 and compare three different datasets on sectoral productivity, including a newly constructed database on total … a very robust negative relationship between the productivity in the tradable sector and the equilibrium real exchange …
Persistent link: https://www.econbiz.de/10009565593
Hartwig (2008) has presented empirical evidence that the difference between real wage growth and productivity growth at …
Persistent link: https://www.econbiz.de/10009565669