Understanding Productivity and Income Differentials Among OECD Countries: A Survey
In: The Review of Economic Performance and Social Progress 2002: Towards a Social Understanding of Productivity
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita into two basic drivers: labour supply and labour productivity. Labour supply is in turn determined by the hours worked per person employed, the share of employment in the working age population, and the share of the working age population in the total population. Labour productivity is determined by within-industry productivity growth rates and inter-sectoral shifts in employment shares. The former is affected by the efficiency in factor use, that is total factor productivity, investment in physical capital, and investment in intangible capital.
|This chapter was published in: |
|This item is provided by Centre for the Study of Living Standards & The Institutute for Research on Public Policy in its series The Review of Economic Performance and Social Progress with number v:2:y:2002:bva.|
|Contact details of provider:|| Postal: 151 Slater Street, Suite 710, Ottawa, ON K1P 5H3|
Web page: http://www.csls.ca/
More information through EDIRC
Postal:1470 Peel Street, Suite 200, Montreal, QC H3A 1T1
Web page: http://www.irpp.org/
|Order Information:|| Web: http://www.csls.ca Email: |
When requesting a correction, please mention this item's handle: RePEc:sls:repsls:v:2:y:2002:bva. See general 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: (CSLS)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.