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Productivity Growth, Technological Convergence, R&D, Trade, and Labor Markets: Evidence from the French Manufacturing Sector Author info | Abstract | Publisher info | Download info | Related research | Statistics Tehmina S. Khan
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the technological frontier experience faster productivity growth and that spending on research and development and trade with technologically advanced economies positively influences TFP growth, but not the speed of convergence. Conversely, TFP growth is negatively related to some key labor market variables, namely the replacement ratio and the ratio of the minimum wage to the median wage.
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Paper provided by International Monetary Fund in its series IMF Working Papers with number
06/230.
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Length: 38 pages
Date of creation: 20 Oct 2006Date of revision:
Handle: RePEc:imf:imfwpa:06/230Contact details of provider: Postal: International Monetary Fund, Washington, DC USA Phone: (202) 623-7000 Fax: (202) 623-4661 Email: Web page: http://www.imf.org/external/pubind.htm More information through EDIRC
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Keywords: Economic growth Total Factor Productivity (TFP) Research and Development (R&D) labor market institutions trade technological convergence Economic growth France Productivity Manufacturing sector Labor market policy Industrial investment Trade Economic models Other versions of this item:
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references Cited by : (explanations , 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.)
Richard Dion & Robert Fay, 2008.
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Discussion Papers
08-3, Bank of Canada.
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