Wage moderation, innovation and labour productivity: myths and facts revisited (in Dutch)
This 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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- David T. Coe & Elhanan Helpman, 1993.
"International R&D Spillovers,"
NBER Working Papers
4444, National Bureau of Economic Research, Inc.
- Fagerberg, Jan & Verspagen, Bart, 1998.
"Productivity, R&D Spillovers and Trade,"
98.2, Eindhoven Center for Innovation Studies.
- 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.
- Coe, David T & Helpman, Elhanan & Hoffmaister, Alexander, 1995.
"North-South R&D Spillovers,"
CEPR Discussion Papers
1133, C.E.P.R. Discussion Papers.
- 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.
- Kleinknecht, Alfred, 1998. "Is Labour Market Flexibility Harmful to Innovation?," Cambridge Journal of Economics, Oxford University Press, vol. 22(3), pages 387-396, May.
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