Productivity and Wages in South Africa

The world has experienced rapid productivity growth in the last three decades, but has this growth reflected in wages? In theory, under certain conditions, workers earn their marginal product so that productivity growth feeds into wages on a one-to-one basis. Given the contradictory literature, this...

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Bibliographic Details
Main Author: Brian Tavonga Mazorodze
Format: Article
Language:English
Published: MDPI AG 2024-12-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/12/12/330