Catching-up, then falling behind: Comparative productivity growth between Spain and the United Kingdom, 1950-2004
AbstractThe pattern of Spanish comparative labor productivity performance in the period 1950-2004 is underpinned by distinctive sectoral trends. From 1950 until the mid-1970s, Spain narrowed the aggregate labor productivity gap with Britain by shifting resources out of agriculture and by improving its comparative labor productivity position across most sectors, out of which manufacturing plays a central role. Significant improvements in comparative efficiency and the dynamic pace of comparative capital intensity characterize the catch-up phase. In the period 1975-1990 convergence stagnates. In spite of the continual shift of resources out of agriculture and the good comparative performance of small sectors, such as utilities, transport and communication, and agri- culture itself, comparative labor productivity was adversely affected by the catching-up exhaustion of manufacturing and construction and by the deterioration of comparative labor productivity in services. A dramatic slowdown in efficiency gains characterizes the plateau phase. Lastly, Spain has widened the aggregate labor productivity gap since the early 1990s. The deterioration of Spain's relative productivity position with Britain has affected all sectors except agriculture. Efficiency stagnation characterizes the divergence phase.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Economics, The Univeristy of Manchester in its series Centre for Growth and Business Cycle Research Discussion Paper Series with number 131.
Length: 52 pages
Date of creation: 2009
Date of revision:
Contact details of provider:
Postal: Manchester M13 9PL
Phone: (0)161 275 4868
Fax: (0)161 275 4812
Web page: http://www.socialsciences.manchester.ac.uk/subjects/economics/our-research/centre-for-growth-and-business-cycle-research/
More information through EDIRC
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-12-11 (All new papers)
- NEP-EFF-2009-12-11 (Efficiency & Productivity)
- NEP-HIS-2009-12-11 (Business, Economic & Financial History)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marianne Sensier).
If references are entirely missing, you can add them using this form.