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Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...
Persistent link: https://www.econbiz.de/10015237912
China’s entry into the world trade, investment and production system and the economic growth of the last four decades have culminated in a rigid labour market duality that is based on the division of the urban-rural residential registry system, hukou. A migrant labour population has been...
Persistent link: https://www.econbiz.de/10015212376
Among better-educated employed men, the fraction of full-time full-year (FTFY) workers is quite high and stable -- around 90 percent -- over time in the U.S. Among those with lower education levels, however, this fraction is much lower and considerably more volatile, moving within the range of...
Persistent link: https://www.econbiz.de/10015242157
At the heart of the Skill Biased Technical Change literature is a discussion of the temporal impact of technological change on wages. The narrative describes technological change as allowing for the increased codification of routine tasks which enables capital to become more easily substituted...
Persistent link: https://www.econbiz.de/10015247263
Existing empirical analyses of Skill Biased Technical Change focus on examining repeated cross-sections of individuals holding occupational task measures fixed. That approach cannot explore how wages respond to temporal variation in task orientation. This analysis examines wage effects using a...
Persistent link: https://www.econbiz.de/10015248422
This paper investigates the existence of a virtuous circle between industries’ employment quality, the ability to introduce new products, increase labour productivity and pay higher wages. We first present descriptive evidence of these trends in Europe. We then develop a simultaneous...
Persistent link: https://www.econbiz.de/10015254671
Canada is consistently ranked among the best places to live. However, its potential for sustainable prosperity could depend on how well its business sector navigates a rapidly changing world. Canadian companies innovate and export less than their American peers and generate lower returns from...
Persistent link: https://www.econbiz.de/10015213535
We introduce a model of proportional growth to explain the distribution of business firm growth rates. The model predicts that it is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent ζ = 3. Because of data limitations, previous studies in...
Persistent link: https://www.econbiz.de/10015217368
Complex systems can be characterized by classes of equivalency of their elements defined according to system specific rules. We propose a generalized preferential attachment model to describe the class size distribution. The model postulates preferential growth of the existing classes and the...
Persistent link: https://www.econbiz.de/10015217370
We present a preferential attachment growth model to obtain the distribution P(K) of number of units K in the classes which may represent business firms or other socio-economic entities. We found that P(K) is described in its central part by a power law with an exponent φ = 2+b/(1−b) which...
Persistent link: https://www.econbiz.de/10015217422