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through learning by doing. These models imply that increased specialization accelerates productivity growth by more fully … realizing dynamic economies of scale. In order to test the hypothesis that specialization increases productivity growth in LDCs … countries, the index of specialization is positively and significantly correlated with manufacturing productivity growth. We …
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issue of productivity catching-up, international specialisation and labour market effects in a dynamic multi …. These Schumpeterian features are the impact of transitory rents, emerging from (labour) productivity-enhancing technological … progress or catching- up processes, upon the price-, wage- and quantity system of the trading economies. Relative productivity …
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