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Labor cost differentials: causes and consequences

Joe A. Stone () and Randall Eberts ()

Economic Commentary, 1986, issue Dec 1

Abstract: A discussion of the complex relationship between labor costs and economic growth, with the contention that labor costs not only help determine rates of economic growth, but also respond to growth.

Keywords: Economic development; Wages; Regional economics (search for similar items in EconPapers)
Date: 1986

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Handle: RePEc:fip:fedcec:y:1986:i:dec1