Countries and periods that benefit from higher economic growth trends are likely to enjoy additional gains from more moderate business cycles; with less frequent and/or milder recessions. Correspondingly, where and when growth gets to be disappointingly low, business cycles are likely to get...

We document dramatic rising wages in China for the period 1978–2007 based on multiple sources of aggregate statistics. Although real wages increased seven-fold during the period, growth was uneven across ownership types, industries and regions. In the last decade, the wages of state-owned...

This paper focuses on comparisons of productivity, (unit) labor cost and industry-level competitiveness for the manufacturing sector of China and India. We first provide a comparison between India and China using a broad international perspective. We find that China has increased its labor...

Clusters of cyclical turning points in the coincident indicators help us identify and date Euro Area recessions and recoveries in the past several decades. In the U.S. and some other countries, composite indexes of coincident indicators (CEI) are used to date classical business cycle turning...

Using an industry-by-region data set, based on China’s Third Industrial Census for 1995 and First Economic Census for 2004, and covering 28 industries and 30 provinces, this paper examines the trend of labor compensation (ALC), labor productivity (ALP) and unit labor cost (ULC) by...

This paper reviews some of China’s high frequency economic indicators and our principal findings on their selection and use. Our aim is to develop a composite index of coincident indicators (CEI) which can be used to obtain timely information on the present state of the China’s economy and...

Part of the Supplemental Materials for INNOVATION AND U.S. COMPETITIVENESS The Conference Board report #R-1441-09-RR About the Report: The Conference Board has recently undertaken a project on innovation and competitiveness, with funding from Microsoft Corporation. The goal of the project is to...

This study investigates the link between innovation investments and future economic growth at the firm-level, by examining the growth value of a dollar invested in selling, general and administrative (SGA) expenses. An international comparison is made between capitalization rates in four large...

Part of the Supplemental Materials for INNOVATION AND U.S. COMPETITIVENESS The Conference Board report #R-1441-09-RR About the Report: The Conference Board has recently undertaken a project on innovation and competitiveness, with funding from Microsoft Corporation. The goal of the project is to...

Part of the Supplemental Materials for INNOVATION AND U.S. COMPETITIVENESS The Conference Board report #R-1441-09-RR About the Report: The Conference Board has recently undertaken a project on innovation and competitiveness, with funding from Microsoft Corporation. The goal of the project is to...