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Monthly Report No. 03/2020

Vasily Astrov (), Dimitrios Exadaktylos, Richard Grieveson (), Beate Muck (), Josef Pöschl, Massimo Riccaboni (), Armando Rungi and Joris M. Schröder
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Beate Muck: The Vienna Institute for International Economic Studies, wiiw, https://wiiw.ac.at/beate-muck-s-604.html

Authors registered in the RePEc Author Service: Josef Poeschl ()

No 2020-03, wiiw Monthly Reports from The Vienna Institute for International Economic Studies, wiiw

Abstract: Chart of the month Health expenditures in CESEE countries by Vasily Astrov, Richard Grieveson and Beate Muck Opinion Corner The legacy of the coronavirus will not go away soon by Josef Pöschl Decoupling of productivity from wages a phenomenon of the Central European manufacturing core? by Joris M. Schröder The question of whether wage growth has been keeping up with productivity growth has sparked a debate about potential ‘decoupling’ in EU-CEE countries. There is strong cross-country variation in the extent of wage-productivity decoupling, and in the underlying reasons for it, but patterns are related to countries’ industry structures. The impact of foreign managers on productivity in the United Kingdom by Dimitrios Exadaktylos, Massimo Riccaboni and Armando Rungi We evaluate the contribution of foreign managers to the competitiveness of manufacturing firms in the United Kingdom. We find that domestic companies benefit from productivity gains after recruiting at least one foreign manager. These productivity gains are typically to be found in a range between 9 and 12 per cent. We argue that limits to the international circulation of talent after Brexit risk damaging the competitiveness of domestic manufacturing companies. Monthly and quarterly statistics for Central, East and Southeast Europe

Keywords: Health expenditures; coronavirus pandemics; economic effects; productivity-wage decoupling; labour share; terms of trade; non-wage components; wage inequality; CE manufacturing core; foreign managers; total factor productivity; technical efficiency (search for similar items in EconPapers)
Pages: 41 pages including 2 Tables and 28 Figures
Date: 2020-03
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