IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-25425-5_6.html
   My bibliography  Save this book chapter

Differences in Economic Performance: Some Comments on Pollin and Dymski

In: The Relevance of Keynesian Economic Policies Today

Author

Listed:
  • Harald Hagemann

Abstract

The growth, employment and distribution experiences made in OECD countries after the first oil price shock reveal some remarkable characteristics as well as differences. Compared with the 1960s the rate of growth of output has been more than halved. The same holds for the rate of growth of labour productivity. The widespread productivity slowdown is all the more puzzling since against the background of the sharp increase in unemployment rates in most countries and the diffusion of new technologies based on the microelectronics revolution, the spectre of technological unemployment has come to centre-stage again and the old controversy between labour displacement pessimism and compensation optimism has been revived in recent years. At the same time we can watch a rising inequality in income distribution, although the general slowdown in wage increases and rise in profit margins differ among OECD countries.

Suggested Citation

  • Harald Hagemann, 1997. "Differences in Economic Performance: Some Comments on Pollin and Dymski," Palgrave Macmillan Books, in: Philip Arestis & Malcolm Sawyer (ed.), The Relevance of Keynesian Economic Policies Today, chapter 6, pages 107-113, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25425-5_6
    DOI: 10.1007/978-1-349-25425-5_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-25425-5_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.