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Measuring the role of manufacturing in the productivity growth of the European economies (1993–2007)

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  • Fernández, Rafael
  • Palazuelos, Enrique

Abstract

This article focuses on the changes and dynamics followed by manufacturing production in order to quantify the share of manufacturing in the aggregate productivity growth of European economies, as well as the share of each industrial branch in the growth of manufacturing productivity. It proposes that the contribution of manufacturing to aggregate productivity remains high, but lower than that of the service sector, that within manufacturing the growth pattern of technology-intensive branches is more oriented towards productivity, and that the growth pattern of manufacturing will tend to be increasingly oriented towards productivity since demand growth is higher in the more technology-intensive branches.

Suggested Citation

  • Fernández, Rafael & Palazuelos, Enrique, 2018. "Measuring the role of manufacturing in the productivity growth of the European economies (1993–2007)," Structural Change and Economic Dynamics, Elsevier, vol. 46(C), pages 1-12.
    • Handle: RePEc:eee:streco:v:46:y:2018:i:c:p:1-12
    DOI: 10.1016/j.strueco.2018.03.003
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    3. Jia, Fei & Ma, Xiuying & Xu, Xiangyun & Xie, Lijuan, 2020. "The differential role of manufacturing and non-manufacturing TFP growth in economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 174-183.

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    More about this item

    Keywords

    Industry; Labour productivity; Economic growth; Baumol; European union;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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