Global and European Labor Costs
AbstractMultinational companies and national governments pay considerable attention to labor cost 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 cost and labor productivity (iii) the convergence process between countries with higher and lower labor costs.
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Bibliographic InfoPaper provided by LICOS - Centre for Institutions and Economic Performance, KU Leuven in its series LICOS Discussion Papers with number 10201.
Length: 33 pages
Date of creation: 2001
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-07-04 (All new papers)
- NEP-EEC-2004-07-04 (European Economics)
- NEP-LAB-2004-07-04 (Labour Economics)
- NEP-MFD-2003-11-03 (Microfinance)
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