Labor productivity is a measure of the number of products produced in the same labor time per unit time. If the wage growth exceeds the labor productivity, it means that the labor cost paid by the enterprise will exceed that of the enterprise, so that the competitiveness of enterprises will ...
Hellwig MF, Irmen A (2001) Wage growth, productivity growth, and the evolution of employment. CEPR Discussion Paper No 2927Martin F Hellwig, Andreas Irmen. (2001), `Wage Growth, Productivity Growth, and the Evolution of Employment', CEPR Discussion Paper 2927, CEPR. ISSN 0265-8003. Centre ...
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...
productivity growth (i.e., non-farm business sector) as well as to measures of wage growth, to determine the extent to which lagging wages can be blamed on weak productivity growth vs. income redistribution. Weak wage growth between 1973 and 2006 has generally been attributed to a ...
Labor Productivity vs. Minimum Wage Level, Modern Economy, Vol. 2 No. 5, 2011, pp. 780-787. doi: 10.4236/me.2011.25086Dobija M. Labor productivity vs. minimum wage level. Modern Economy. 2011;2(5):780-787. DOI: 10.4236/me.2011.25086....
The phenomenon of human capital's natural dispersion is a starting point for the theory of minimum wage, which ought to be sufficient to counterbalance the natural thinning out of the initial human capital of an employee. In practice, the legal minimum wage is fixed at different levels, and ...
but wage growth in enhancing labor productivity has "threshold effect".Low wage level is not conducive to the improvement of labor productivity in a country,instead bringing about a low-wage low-productivity trap.Based on this,this paper does the relative test on China's 29 provincial panel ...
Not only is productivity growth stemming from human capital accumulation while on the job only partially reflected in wage growth, but starting productivity differences for workers in the same job – in large part driven by differences in relevant experience - are only partially reflected in starting...
I execute a time series analysis for minimum wage, productivity, output and employment. Tests for cointegration and Granger-causality are done. The results are in contrast to... B Mahlberg,I Freund,JC Cuaresma,... 被引量: 0发表: 2017年 Ageing, Health, and Productivity: The Economics of ...
Individual (from flat hourly wage) Mid-season change in payment system by company (designed by researchers) in 2003. Under flat pay productivity of a worker 9% higher when socially connected to manger, but under incentive pay this difference is zero. After incentive pay, productivity of highly...