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Some new international comparisons of productivity performance at the sectoral level

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  • Jim Malley
  • Anton Muscatelli
  • Ulrich Woitek

Abstract

Summary. We present several new measures of gross‐output‐based total factor productivity (TFP) at the sectoral level for manufacturing industries in the G‐7 economies. We calculate measures of both TFP growth and comparative levels. These are obtained by combining conventional Organisation for Economic Co‐operation and Development sectoral data on labour and capital inputs with data on intermediate inputs from national input–output tables. Additionally, we derive cyclically corrected measures of TFP growth. Our evidence shows that the considerable gap in TFP between the USA and other G‐7 economies is closing but remains significant.

Suggested Citation

  • Jim Malley & Anton Muscatelli & Ulrich Woitek, 2003. "Some new international comparisons of productivity performance at the sectoral level," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 166(1), pages 85-104, February.
    • Handle: RePEc:bla:jorssa:v:166:y:2003:i:1:p:85-104
    DOI: 10.1111/1467-985X.00260
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    References listed on IDEAS

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    1. Harrigan, James, 1999. "Estimation of cross-country differences in industry production functions," Journal of International Economics, Elsevier, vol. 47(2), pages 267-293, April.
    2. Caballero, Ricardo J. & Lyons, Richard K., 1992. "External effects in U.S. procyclical productivity," Journal of Monetary Economics, Elsevier, vol. 29(2), pages 209-225, April.
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    Cited by:

    1. Francis Teal & Markus Eberhardt, 2010. "Productivity Analysis in Global Manufacturing Production," Economics Series Working Papers 515, University of Oxford, Department of Economics.
    2. Johannes Van Biesebroeck, 2009. "Disaggregate productivity comparisons: sectoral convergence in OECD countries," Journal of Productivity Analysis, Springer, vol. 32(2), pages 63-79, October.
    3. Malley, James R. & Muscatelli, V. Anton & Woitek, Ulrich, 2005. "Real business cycles, sticky wages or sticky prices? The impact of technology shocks on US manufacturing," European Economic Review, Elsevier, vol. 49(3), pages 745-760, April.
    4. Gaffeo, Edoardo, 2011. "The distribution of sectoral TFP growth rates: International evidence," Economics Letters, Elsevier, vol. 113(3), pages 252-255.

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