Autonomous demand and technical change: exploring the Kaldor–Verdoorn law on a global level

M Deleidi, C Fontanari, SJ Gahn - Economia Politica, 2023 - Springer
This paper aims to explain labour productivity through the lens of a Kaldorian perspective.
To assess the relationship between output, demand, capital accumulation, and labour …

Tertiarization, productivity and aggregate demand: evidence-based policies for European countries

M Deleidi, W Paternesi Meloni, A Stirati - Journal of Evolutionary …, 2020 - Springer
Over the last two decades, mature European countries have experienced a slackening in
economic growth and stagnating labor productivity. Such a stagnating productivity may …

[HTML][HTML] Disentangling services in developing regions: A test of Kaldor's first and second laws

G Di Meglio, J Gallego - Structural Change and Economic Dynamics, 2022 - Elsevier
The paper analyses the contribution of services vis-à-vis manufacturing as a driving force of
economic growth in developing regions. In doing so, we test Kaldor´ s first and second …

A sectoral explanation of per capita income convergence and divergence: estimating Verdoorn's law for countries at different stages of development

GR Magacho, JSL McCombie - Cambridge Journal of …, 2018 - academic.oup.com
This paper estimates the Verdoorn law (the relationship between productivity and output
growth) for manufacturing industries for 70 developed and developing countries. It tests the …

Productivity growth, Smith effects and Ricardo effects in Euro Area's manufacturing industries

E Carnevali, A Godin, S Lucarelli… - …, 2020 - Wiley Online Library
We analyse the determinants of labour productivity across (a sample of) EA member states.
We focus on the divergent dynamics before and after the financial crisis, and of core …

Okun vs. Verdoorn: distinguishing between cyclical and structural effects of output on productivity

W Paternesi Meloni - Economia Politica, 2024 - Springer
Abstract According to Kaldor and Verdoorn, the evolution of output is expected to structurally
enhance labour productivity by generating economies of scale. At the same time, Okun's law …

Kaldor 3.0: An empirical investigation of the Verdoorn-augmented technical progress function

F Antenucci, M Deleidi… - Review of Political …, 2020 - Taylor & Francis
Consistent with neoclassical theory, the recent slowdown in labour productivity is generally
regarded as one of the main causes of the current phase of economic stagnation. By …

The Kaldor–Verdoorn law at the age of robots and AI

A Borsato, A Lorentz - Research Policy, 2023 - Elsevier
This paper contributes to the literature around the Kaldor–Verdoorn law and analyses the
impact of robotisation on the channels through which the law shapes labour-productivity …

Structural changes in the Brazilian economy 1990–2015

JF Sousa Filho, GF Santos… - Economic Systems …, 2021 - Taylor & Francis
This paper analyses the structural changes in the Brazilian economy from 1990 to 2015 by
applying structural decomposition analysis (SDA). The production structure of emerging …

Output, investment and productivity: the Italian North–South regional divide from a Kaldor–Verdoorn approach

M Deleidi, W Paternesi Meloni, L Salvati, F Tosi - Regional Studies, 2021 - Taylor & Francis
This paper elaborates on the Italian North–South divide by endorsing a Kaldor–Verdoorn
perspective. To assess the endogenous relationship between labour productivity, capital …