Abstract
Data are used for 13 industrialized countries to investigate convergence of labor productivity levels in individual manufacturing industries over the 1963-82 period. We find convergence in virtually every manufacturing industry. Among these countries, the coefficient of variation of industry labor productivity declined in all but 1 of 28 industries. However, productivity convergence 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 in aggregate manufacturing productivity, nor have changes in employment mixes been an important source of convergence. -Authors
| Original language | English (US) |
|---|---|
| Pages (from-to) | 549-558 |
| Number of pages | 10 |
| Journal | Review of Economics & Statistics |
| Volume | 70 |
| Issue number | 4 |
| State | Published - 1988 |
ASJC Scopus subject areas
- Social Sciences (miscellaneous)
- Economics and Econometrics