Productivity Differences

Preprint

preprint

Published in RePEc

Abstract

Many technologies used by the LDCs (less developed countries) are developed in the OECD economies, and as such, are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the OECD economies will be carried out by unskilled workers in the LDCs. Since the technologies in these tasks are designed to be used by skill workers, productivity in the LDCs will be low.

Keywords

DIFFERENCES MANY TECHNOLOGIES USED
PRODUCTIVITY DIFFERENCES
DEVELOPED COUNTRIES
SKILLED WORKERS
OECD ECONOMIES
WORKFORCES
SKILLS
TASKS
LDCS

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Version 1, RePEc

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