Labour productivity growth and industry structure. The impact of industry structure on productivity growth, export prices and labour compensation

Johanna Sinkkonen

No 4/2005, Bank of Finland Research Discussion Papers from Bank of Finland

Abstract: This paper makes an industry level study of labour productivity growth and its impacts.The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001.The conclusion of the study is that there is connection between an industry structure that leads to fast productivity growth and falling export prices.The relationship between labour productivity growth and labour compensation growth is relatively weak and therefore the majority of the efficiency resulting from the productivity growth does not benefit the labour force.

Keywords: industry structure; labour productivity; export prices; labour compensation (search for similar items in EconPapers)
JEL-codes: F41 J30 O47 (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:bofrdp:rdp2005_004

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