Convergence of Industry Labor Productivity among Advanced Economies, 1963-1982.
Data are used for thirteen industrialized countries to investigate convergence of labor productivity levels in individual manufacturing industries over the 1963-82 period. The authors find convergence in virtually every manufacturing industry. Among these countries, the co efficient of variation of industry labor productivity declined in all but one of twenty-eight industries. However, productivity convergenc e is stronger for all manufacturing than within individual industries, especially heavy and high-technology industries. Also, variation in employment mix among countries plays little role in explaining cross-country differences i n aggregate manufacturing productivity, nor have changes in employment mixes been an important source of convergence. Copyright 1988 by MIT Press.
Year of publication: |
1988
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Authors: | Dollar, David ; Wolff, Edward N |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 70.1988, 4, p. 549-58
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Publisher: |
MIT Press |
Saved in:
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