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) |
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Title of host publication | The economics of productivity |
Editors | Edward N. Wolff |
Publisher | Edward Elgar Publishing Ltd. |
State | Published - 1997 |
ASJC Scopus subject areas
- General Earth and Planetary Sciences
- General Environmental Science