Labour productivity growth and industry structure. The impact of industry structure on productivity growth, export prices and labour compensation
In this paper labour productivity growth and its impacts are studied at the industry level. The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is that the industry structure that leads to fast productivity growth is connected to falling export prices. The relationship between labour productivity growth and labour compensation growth is relative weak and therefore the majority of the utility resulting from the productivity growth does not benefit the labour force.
Year of publication: |
2005-02-13
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Authors: | Sinkkonen, Johanna |
Institutions: | Suomen Pankki |
Subject: | industry structure | labour productivity | export prices | labour compensation |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | The text is part of a series Research Discussion Papers The price is Available online only Number 4/2005 92 pages |
Classification: | F41 - Open Economy Macroeconomics ; J30 - Wages, Compensation, and Labor Costs. General ; O47 - Measurement of Economic Growth; Aggregate Productivity |
Source: |
Persistent link: https://www.econbiz.de/10005190759