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Boosting productivity growth is necessary to raise living standards and well-being for all. Aggregate productivity has fallen, mainly driven by manufacturing, although service industries have also tended to underperform. Reviving productivity requires improving framework conditions further so...
Persistent link: https://www.econbiz.de/10011577858
This paper assesses the possible dynamic effects of occupational entry regulations (OER) on productivity. It combines firm-level productivity data with a new cross-country policy indicator measuring the stringency of OER by the presence of administrative burdens, qualifications requirements, and...
Persistent link: https://www.econbiz.de/10012203353
The Chinese economy has been undergoing fundamental structural changes since the start of reforms in 1978. An increasing number of farmers first got engaged in off-farm activities and then started to migrate to cities in the 1990s in search of jobs. Such movement of labour from less to more...
Persistent link: https://www.econbiz.de/10011399470
lowering minimum wages relative to the average wage for groups at risk of becoming unemployed, improving vocational education …
Persistent link: https://www.econbiz.de/10009711218
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