The write-up is a bit of a mess but this Danish study appears to conclude (with a sample size of four countries) that high wages do not lead to outsourcing. Or is it better management that seeks "out new markets, new production methods and new products."? Or are Danish workers more skilled and so more productive?
Correlation? Causation? Journalistic confusion? All of the above?
Hat tip (but you knew this already): Lars Skipper
Who was my favorite student this term?
1 year ago