This document presents three alternative methods for the construction of indicators of relative trade-weighted unit labour costs by industry, as well as the empirical results based on these methods for 18 OECD member countries.
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Rapid technological advances in information and communication technologies and their widespread diffusion have led some to speculate about "frictionless" economies where transaction costs are nearly zero, barriers to entry and contestability disappear and markets clear instantly.
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This paper intends to bring the Austrian tip experience to the focus group on 'Cluster Analysis & Cluster Policies' within the OECD National Innovation Systems (NIS) Project. A short and concise demonstration of our activities and perspectives ta...
The Guidelines are primarily aimed at governments, in terms of the policy recommendations herein, but with anticipation that they will be widely read and followed by both the private and public sectors.