Productivity convergence in OECD manufacturing industries
AbstractThe extent of beta- and sigma-convergence of average labor productivity across manufacturing industries in 18 OECD-countries over the period 1972-1992 show large inter-industry differences. One reason for these differences is knowledge and capital barriers preventing catch-up to occur. We find the level of averagelabor productivity, as a proxy for these barriers, to be correlated with the extent of convergence.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 66 (2000)
Issue (Month): 3 (March)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- Martin A. Carree & Luuk Klomp & A. Roy Thurik, 1999. "Productivity Convergence in OECD Manufacturing Industries," Tinbergen Institute Discussion Papers 99-065/3, Tinbergen Institute.
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