If the level of wages is sufficiently low, the firm's rate of productivity growth approaches the rate of wage growth and eventually the firm reaches a steady state where its unit labor cost remains constant over time. Otherwise, it will gradually reduce its innovation effort over time and ...
网络生产力成长及薪资成长过剩 网络释义 1. 生产力成长及薪资成长过剩 鲁比尼说:「中国是拥有生产力成长及薪资成长过剩(productivity growth and excess of wage growth)的国家,因此能够承受货 … blog.cnyes.com|基于 1 个网页
Su Hainan, vice president of the China Labor Association, told reporters: "over the past thirty years since reform and opening up, China's wage growth has been slower than the growth rate of labor productivity over a long period of time. In recent years, wage growth has exceeded the growth...
This paper argues that one cannot tell a convincing story of the rise in OECD unemployment without mentioning the slowdown in productivity and real wage growth that occurred in the 1970s. It is argued that whereas most authors have regarded any effects of the slowdown on unemployment as temporary...
Small Enterprises, Large Firms, Productivity Growth And Wagesdoi:0161-8938(2008)30:4<575:SELFPG>2.0.TX;2-Zproductivity growthwagesinnovationentrepreneurtechnological advanceThere have been periods when wage increases have fallen behind the growth of productivity in the economy. But, viewed historically...
The NIER has been commissioned by the Ministry of Finance to prepare a report assessing potential productivity growth in the Swedish economy, and thus the medium-term wage trend as well. The final report was to be presented by May 31, 2005.The report shows the trend in (potential) productivi...
of firm-provided training for workers in flexible work arrangements – i.e., non-regular employees who are working part-time or with fixed-term employment contracts – and analyzes the effect of this training on skills, productivity, and wage growth, using a unique survey of Japanese workers....
Productivity growth and volatility: How important are wage and price rigidities? We study the implications of having different sources of nominal rigidities on the relationship between productivity growth and shocks volatility in a mode... B Annicchiarico,A Pelloni - Department of Communication, Unive...
Furthermore, we find a negative relationship between the share of young employees and labour productivity as well as wages, which is more prevalent in the industry and construction sector. 展开 关键词: Age–productivity/–wage profile Employer–employee data Sector affiliation ...
The study shows that wage growth stimulates labor productivity through the mechanism of factor substitution effect,technological innovation effect,human capital investment effect,efficiency wage effect and creative destruction effect,but wage growth in enhancing labor productivity has "threshold effect".Low wa...