Porcile, Gabriel; Dutra, Marcus Vinicius; Meirelles, … - In: Journal of Post Keynesian Economics 29 (2007) 3, pp. 473-500
This paper argues that in developing countries, higher real wages---up to a certain critical point---may enhance the ability of workers to learn from and improve on foreign technology, with positive effects on international competitiveness and on the rate of economic growth consistent with...