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Labour productivity growth and industry structure. The impact of industry structure on productivity growth, export prices and labour compensation

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  • Sinkkonen , Johanna

    (Bank of Finland)

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    Abstract

    In this paper labour productivity growth and its impacts are studied at the industry level. The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is that the industry structure that leads to fast productivity growth is connected to falling export prices. The relationship between labour productivity growth and labour compensation growth is relative weak and therefore the majority of the utility resulting from the productivity growth does not benefit the labour force.

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    File URL: http://www.suomenpankki.fi/en/julkaisut/tutkimukset/keskustelualoitteet/Documents/0504netti.pdf
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    Bibliographic Info

    Paper provided by Bank of Finland in its series Research Discussion Papers with number 4/2005.

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    Length: 92 pages
    Date of creation: 13 Feb 2005
    Date of revision:
    Handle: RePEc:hhs:bofrdp:2005_004

    Contact details of provider:
    Postal: Bank of Finland, P.O. Box 160, FI-00101 Helsinki, Finland
    Web page: http://www.suomenpankki.fi/en/
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    Keywords: industry structure; labour productivity; export prices; labour compensation;

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