IDEAS home Printed from
   My bibliography  Save this paper

Labour Productivity and Cyclical Dynamics in the Service sector


  • Andrés Maroto


A longstanding basis of empirical economics is that average labour productivity declines during recessions and increases during booms, behaves procyclically. In the short run, output growth and productivity tend to move together in many countries and across a wide range of industries. In ercent years this observation has gained increased prominence, as each proposed explanation for the observed procyclicality has important implications for economic growth. The aim of this paper is to better understand short-run changes in productivity growth within the service sector industries, necessarily different from the ones existing within manufacturing sector. Another goals of this research are to assess if this observed procyclicality remains if service sector is the scope of analysis, and if this fact is homogeneous among different activities within this miscenllaneous sector or not. Empirical evidence for Spanish economy is presented.

Suggested Citation

  • Andrés Maroto, 2008. "Labour Productivity and Cyclical Dynamics in the Service sector," Working Papers 02/08, Instituto Universitario de Análisis Económico y Social.
  • Handle: RePEc:uae:wpaper:0208

    Download full text from publisher

    File URL:
    File Function: First version, 2008
    Download Restriction: no

    More about this item


    Productivity; cycles; services;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uae:wpaper:0208. 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: (Laura Suarez). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.