Wages and Productivity in Belgium, 1910-60

Isabelle Cassiers and Peter Solar

Oxford Bulletin of Economics and Statistics, 1990, vol. 52, issue 4, 437-49

Abstract: In the middle of the twentieth century, Belgium seems to have undergone a fairly rapid transformation from a relatively low-wage economy to a high-wage economy. How could Belgian business handle this change in its cost structure? Was it through exceptional technical progress? The best-known statistics concerning productivity growth put Belgium near the bottom of the European league table, so that its gains in the relative wage stakes remain something of a mystery. Here the authors make a first, very tentative, approach to this problem. Copyright 1990 by Blackwell Publishing Ltd

Date: 1990
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