This paper aims to explain labour productivity through the lens of a Kaldorian perspective.
To assess the relationship between output, demand, capital accumulation, and labour …

Over the last two decades, mature European countries have experienced a slackening in
economic growth and stagnating labor productivity. Such a stagnating productivity may …

After the 1980s, advanced capitalist economies witnessed a significant decline of the wage
share in income. Along with the conventional view, which ascribes this decline to …

A major contribution of Friedman's 1968 presidential address was the introduction of the
long-run vertical Phillips curve. That view, which is consistent with neoclassical foundations …

The productivity of the construction industry has a significant effect on national economic
growth. Gains from higher construction productivity flow through the economy, as all …

We analyse the determinants of labour productivity across (a sample of) EA member states.
We focus on the divergent dynamics before and after the financial crisis, and of core …

Purpose The purpose of this paper is to examine the long-term relationship between the
performance of the manufacturing sector and economic growth in Saudi Arabia. It does so by …

This paper explores, from a classical‐Keynesian theoretical standpoint, how stagnating real
wages may have contributed to the slowdown of US productivity. Through shift‐share …

Abstract According to Kaldor and Verdoorn, the evolution of output is expected to structurally
enhance labour productivity by generating economies of scale. At the same time, Okun's law …

This paper addresses the issue of sluggish productivity growth in advanced countries and
investigates its underlying causes, focusing on the direct impact of real wages. Analyzing …