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A comparison of structural productivity levels in the major industrialised countries

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  • Renaud Bourlès
  • Gilbert Cette

Abstract

Hourly labour productivity, along with average hours worked, the employment rate and the working-age population as a share of the total population, is one of the accounting aggregates that determine per capita GDP. Yet according to many analyses, hourly labour productivity in several European countries is much the same as or even higher than in the United States, while per capita GDP is markedly lower (see Cette 2004, 2005 for a summary of this work).

Suggested Citation

  • Renaud Bourlès & Gilbert Cette, 2006. "A comparison of structural productivity levels in the major industrialised countries," OECD Economic Studies, OECD Publishing, vol. 2005(2), pages 75-108.
  • Handle: RePEc:oec:ecokaa:5l9ppn9057tk
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    File URL: http://dx.doi.org/10.1787/eco_studies-v2005-art11-en
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    References listed on IDEAS

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    1. Wu, De-Min, 1973. "Alternative Tests of Independence Between Stochastic Regressors and Disturbances," Econometrica, Econometric Society, vol. 41(4), pages 733-750, July.
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    3. Edward C. Prescott, 2004. "Why do Americans work so much more than Europeans?," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Jul, pages 2-13.
    4. Nelson, Charles R & Startz, Richard, 1990. "Some Further Results on the Exact Small Sample Properties of the Instrumental Variable Estimator," Econometrica, Econometric Society, vol. 58(4), pages 967-976, July.
    5. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Publishing House "SINERGIA PRESS", pages 112-134.
    6. Nelson, Charles R & Startz, Richard, 1990. "The Distribution of the Instrumental Variables Estimator and Its t-Ratio When the Instrument Is a Poor One," The Journal of Business, University of Chicago Press, vol. 63(1), pages 125-140, January.
    7. Judith K. Hellerstein & David Neumark, 2007. "Production Function and Wage Equation Estimation with Heterogeneous Labor: Evidence from a New Matched Employer-Employee Data Set," NBER Chapters,in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 31-71 National Bureau of Economic Research, Inc.
    8. Edmond Malinvaud, 1973. "Une explication de l'évolution de la productivité horaire du travail," Économie et Statistique, Programme National Persée, vol. 48(1), pages 46-50.
    9. Patrick Aubert & Bruno Crépon, 2003. "La productivité des salariés âgés : une tentative d'estimation," Économie et Statistique, Programme National Persée, vol. 368(1), pages 95-119.
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    11. P. Aubert & E. Caroli & M. Roger, 2004. "New Technologies, Workplace Organisation and the Age Structure of the Workforce: Firm-Level Evidence," Documents de Travail de la DESE - Working Papers of the DESE g2004-07, Institut National de la Statistique et des Etudes Economiques, DESE.
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    13. Étienne Wasmer, 2001. "Changements de composition de la force de travail et dualisme," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(1), pages 133-148.
    14. Belorgey, N. & Lecat, R. & Maury, T-P., 2004. "Déterminants de la productivité par employé : une évaluation empirique en données de panel," Bulletin de la Banque de France, Banque de France, issue 121, pages 87-113.
    15. Gilbert Cette, 2005. "Are Productivity Levels Higher in Some European Countries than in the United States?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 59-68, Spring.
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    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F01 - International Economics - - General - - - Global Outlook

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