Economic growth is often associated with welfare gains through job creation. However, the number and quality of new job opportunities created in a growing economy vary across countries and sectors, due in great part to changes in labor productivity. This paper provides estimates of country and sector-specific GDP-employment elasticities based on data from the past two decades, including an evaluation of the predictive power among alternative methodological...
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DETAILS
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2024/12/02
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Policy Research Working Paper
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WPS10989
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1
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2024/12/02
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Disclosed
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GDP-Employment Elasticities across Developing Economies
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Citation
Burgi,Constantin; Shoghik Hovhannisyan; Camilo Mondragon Velez.
GDP-Employment Elasticities across Developing Economies (English). Policy Research working paper;PEOPLE Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099532512022421144