Advanced Search
MyIDEAS: Login to save this article or follow this journal

Labour Productivity: the End of Convergence?

Contents:

Author Info

  • Clément Bosquet

    (Université de la Méditerranée (Greqam), CEPII)

  • Michel Fouquin

    (Université de la Méditerranée (Greqam), CEPII)

Abstract

Between 1950 and 1973, labour productivity was converging between the United States and western Europe and Japan. The convergence gradually lost momentum and has ceased altogether since 1995. To explain the reasons for the interruption, we first use the econometric tests developed by Bai and Perron to determine the trend-break dates. Labour productivity growth quickened in the U.S. from 1992, but slowed in most European countries. Technological progress driven by the expansion of information and communication technologies (ICTs) partly explains the revival of labour productivity in the U.S., but is inconsistent with the slowdown in labour productivity growth in Europe. While Europes ICT investment rate was lower than that of the U.S., it did rise significantly. A key explanation lies in the intensity of the job content of growth. The latter has declined sharply in the U.S. but grown substantially in Europe, reducing mass unemployment.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.insee.fr/fr/ffc/docs_ffc/ES419-420g.pdf
Download Restriction: no

Bibliographic Info

Article provided by Institut National de la Statistique et des Etudes Economiques in its journal Economie et Statistique.

Volume (Year): 419-420 (2009)
Issue (Month): (August)
Pages: 125-142

as in new window
Handle: RePEc:crs:ecosta:es419-420g

Contact details of provider:
Postal: 18 Boulevard Adolphe Pinard, 75675 Paris Cedex 14
Phone: 01 41 17 50 50
Web page: http://www.insee.fr
More information through EDIRC

Related research

Keywords: Labor Productivity; Growth Accounting for Developed Countries; Technological Change; Convergence;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Maury, P-M. & Pluyaud, B., 2004. "The Breaks in per Capita Productivity Trends in a Number of Industrial Countries," Working papers 111, Banque de France.
  2. Mankiw, N Gregory & Romer, David & Weil, David N, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 407-37, May.
  3. Johanna Melka & Laurence Nayman, 2004. "TIC et productivite : une comparaison internationale," Economie Internationale, CEPII research center, issue 98, pages 35-57.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:crs:ecosta:es419-420g. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (D3E).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.