Hampered by the slow economy, sagging growth in workers' productivity caused a rise in unit labour costs in 2013 by some 2.1 percent over the previous year. Combined with an unfavourable exchange rate (+1.8 percent), this affected the unit labour cost position for Austrian goods producers...

This book takes up the challenge of developing an empirically based foundation for evolutionary economics built upon complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern evolutionary economics is moving away from the...