Wage moderation, innovation and labour productivity: myths and facts revisited (in Dutch)
AbstractThis article surveys arguments on the lack of innovative capacity of the Dutch economy as presented by Kleinknecht in several papers. The arguments are critically discussed and in addition an alternative way to calculate productivity figures is presented. The authors conclude that the hypothesis that wage moderation has led to lower innovative capacity of the Dutch economy is rejected.
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Bibliographic InfoPaper provided by Netherlands Central Bank, Research Department in its series WO Research Memoranda (discontinued) with number 635.
Date of creation: Jan 2000
Date of revision:
labour productivity; R&D; wage moderation;
Find related papers by JEL classification:
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fagerberg, Jan & Verspagen, Bart, 1998.
"Productivity, R&D Spillovers and Trade,"
98.2, Eindhoven Center for Innovation Studies.
- Fagerberg, Jan & Verspagen, Bart, 1998. "Productivity, R&D Spillovers and Trade," Eindhoven Center for Innovation Studies (ECIS) working paper series 98.2, Eindhoven Center for Innovation Studies (ECIS).
- Jan Fagerberg & Bart Verspagen, 1999. "Productivity, R&D Spillovers and Trade," Working Papers 3, Centre for Technology, Innovation and Culture, University of Oslo.
- David T. Coe & Elhanan Helpman & Alexander Hoffmaister, 1995.
"North-South R&D Spillovers,"
NBER Working Papers
5048, National Bureau of Economic Research, Inc.
- Coe, David T & Helpman, Elhanan, 1993.
"International R&D Spillovers,"
CEPR Discussion Papers
840, C.E.P.R. Discussion Papers.
- Kleinknecht, Alfred, 1998. "Is Labour Market Flexibility Harmful to Innovation?," Cambridge Journal of Economics, Oxford University Press, vol. 22(3), pages 387-96, May.
- J. David Richardson, 2000. "The WTO and market-supportive regulation: a way forward on new competition, technological and labor issues," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 115-130.
- Fase, M. M. G. & Van Den Heuvel, P. J., 1988. "Productivity and growth : Verdoorn's law revisited," Economics Letters, Elsevier, vol. 28(2), pages 135-139.
- Peeters, Marga & Den Reijer, Ard, 2011. "On wage formation, wage flexibility and wage coordination : A focus on the wage impact of productivity in Germany, Greece, Ireland, Portugal, Spain and the United States," MPRA Paper 31102, University Library of Munich, Germany.
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