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.
|Date of creation:||Jan 2000|
|Date of revision:|
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- David T. Coe & Elhanan Helpman & Alexander Hoffmaister, 1995.
"North-South R&D Spillovers,"
NBER Working Papers
5048, National Bureau of Economic Research, Inc.
- 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.
- Kleinknecht, Alfred, 1998. "Is Labour Market Flexibility Harmful to Innovation?," Cambridge Journal of Economics, Oxford University Press, vol. 22(3), pages 387-96, May.
- Coe, D.T. & Helpman, E., 1993.
"International R&D Spillovers,"
5-93, Tel Aviv.
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