... The paper uses two-stage least squares (2SLS) to examine the role of wages, skills development and R&D, as well as other vital factors, impacting productivity as measured by labour productivity and total factor productivity. Findings Thai manufacturing firms' technology in aggregate exhibits...

... rights only Balassa–Samuelson Real exchange rate Labour productivity Panel cointegration Panel causality Panel threshold model C15 E31 F31 The principal purpose of this paper is to first, validate the long-run relationship concerning productivity and the RER movements. Second...

...Orlando Gomes Purpose – The purpose of this paper is to study the growth dynamics in a model where labor productivity is shaped by two forces. On one hand, it is determined by the extent in which available technology has been already explored. On the other hand, some labor skills may become...