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A Secular Decline in Capital Productivity in G7 Countries
Authors:Morkunaite  Kristina
Affiliation:1.CDPQ U.S. Inc., Caisse de dépôt et placement du Québec, 1775 Pennsylvania Avenue NW, 2nd Floor, 20006, Washington, DC, USA
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Abstract:Intereconomics - There is a commonly held notion that higher fixed investment allows one to have it all — a higher labour productivity, a higher wage growth and higher or at least sustained...
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