Filip Abraham () (K.U.Leuven, C.E.S., International Economics)
Abstract
Multinational companies and national governments pay considerable attention to labor costs and labor productivity differentials across countries. This paper analyzes total and unit labor differentials for a group of European and non-European countries in the 1960-1998 period. It deals with (i) the magnitude of total labor cost differences, (ii) the developments in unit labor costs and labor productivity and (iii) the convergence process between countries with higher and lower labor costs.
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Publisher Info
Paper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën, International Economics in its series International Economics Working Papers Series with number
ces0113.