The year 2023 commemorates the 30th anniversary of the publication of the influential, yet controversial, study The East Asian Miracle report by the World Bank (1993). An important part of the report's analysis was concerned with the sources of growth in East Asia. This was based on the...

The year 2023 commemorates the 30th anniversary of the publication of the influential, yet controversial, study The East Asian Miracle report by the World Bank (1993). An important part of the report's analysis was concerned with the sources of growth in East Asia. This was based on the...

The share of labor income in GD P is a key determinant of very important economic variables, such as competitiveness, inflation, human capital accumulation, demand and income distribution. The simplest economic models predict that the share of labor income will fluctuate around a stable value of...

A number of fundamental factors enhance the growth of industries’ productivity. Among others, the export-led and high-tech capital deepening strategies are widely adopted by developing economies. This paper attempts to empirically investigate the extent to which both industrial development...

A number of fundamental factors enhance the growth of industries' productivity. Among others, the export-led and high-tech capital deepening strategies are widely adopted by developing economies. This paper attempts to empirically investigate the extent to which both industrial development...

Models developed by recent economic literature do not manage to account simultaneously for the three main stylized facts observed in many EU countries since the mid-seventies: (i) the increase in the overall unemployment rate; (ii) the difference between high-skilled and low-skilled unemployment;...