Potential research ideas Novelty: consistent and uniform data set covering up N=72 industries, T=30, J countries Econometric methods; issues to address –SUR –adjustment costs, dynamic panel data methods –T>N = > single equation: dynamic heterogeneous panel data method, Pesaran, Shin, Error correction model applied to panel data –N>>T =>dynamic panel data model (first difference GMM, system GMM) –Heterogeneity across industries –Endogeneity of wages
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