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英语翻译The relationship between wagesand productivity growth ha

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英语翻译
The relationship between wagesand productivity growth has attracted a lot of attention in economic theory.
According to the traditional view in growth theory,the causality runs from
productivity growth to wage growth,with higher productivity leading to higher
wages.This relation is based on the argument that “the
marginal productivity equation determines the time path of the real wage” (Solow
1956,p.68).
A number of empirical studies,though,indicate that labor market conditions affect productivity growth andthus,they point out to a reverse causality.In a recent paper,Dew-Becker
and Gordon (2008) have demonstrated that changes in labor market policies,and thus,in the labor market conditions
can explain the behavior of the EU's productivity growth after 1995,as well as
the differences in the productivity growth's trends in the EU and the US.
Moreover,Gordon,1987 and Gordon,2000 has found that the behavior of the ratio of wages to labor productivity plays a crucial role in explaining the trends of macroeconomic
productivity growth in the US,Japan and Europe.Similar findings at the
industry level are presented in Flaig and Stadler (1994),Doms
et al.(1997),and Chennells
and Van Reenen (1997).
The relationship between wages and productivity growth has attracted a lot of attention in economic theory.
英语翻译The relationship between wagesand productivity growth ha
工资和生产率增长之间的关系,在经济理论吸引了很多的关注.
根据经济增长理论的传统观点,因果关系从
生产力增长的工资增长,生产率较高导致更高的
工资.这种关系的基础上的说法,“
边际生产力方程决定实际工资的时间路径”(索洛
1956,p.68).
大量的实证研究,然而,表明劳动力市场条件影响生产率的增长,因此,他们指出一个反向的因果关系.在最近的一篇论文,露贝克尔
戈登(2008)表明,在劳动力市场政策的变化,因此,在劳动力市场的条件
可以解释在欧盟1995的生产力增长的行为,以及
在欧洲的生产率增长的趋势和我们的差异.
此外,戈登,1987戈登,2000,已发现的工资对劳动生产率比的行为解释宏观经济趋势起着至关重要的作用
美国的生产率增长,日本和欧洲.在类似的结果
工业水平在弗莱格和施塔德勒提出的(1994),延迟性肌肉酸痛
等人.(1997),和chennells
和Van Reenen(1997).
工资和生产率增长之间的关系,在经济理论吸引了很多的关注.