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Labour productivity and unit labour costs in manufacturing: the UK and its competitors

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  • Oulton, Nicholas

Abstract

In this note, I present and discuss comparisons of productivity and unit labour costs between the UK and a number of industrial countries. Initially results are discussed for the UK and its four largest industrial competitors: France, Germany, Japan and the United States, collectively the G5 countries. Later the comparisons are extended to eight other countries. Both growth rates and levels of productivity and unit labour costs are considered, comparisons of levels being far more difficult to make.

Suggested Citation

  • Oulton, Nicholas, 1994. "Labour productivity and unit labour costs in manufacturing: the UK and its competitors," National Institute Economic Review, National Institute of Economic and Social Research, vol. 148, pages 49-60, May.
  • Handle: RePEc:cup:nierev:v:148:y:1994:i::p:49-60_5
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    Cited by:

    1. Carlin, Wendy & Glyn, Andrew & Van Reenen, John, 2001. "Export Market Performance of OECD Countries: An Empirical Examination of the Role of Cost Competitiveness," Economic Journal, Royal Economic Society, vol. 111(468), pages 128-162, January.
    2. J. E. Birnie & D. M. W. N. Hitchens, 1998. "Productivity and Income Per Capita Convergence in a Peripheral European Economy: The Irish Experience," Regional Studies, Taylor & Francis Journals, vol. 32(3), pages 223-234.
    3. Hamblin, David & Iyer, Arun, 1996. "What difference does your industry make?," International Journal of Production Economics, Elsevier, vol. 43(2-3), pages 155-174, June.

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