Revving up wages: How rising productivity has benefited car industry workers

Tim Obermeier and Andreas Teichgraeber

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: Fast productivity growth in the UK car industry led to staff in the sector earning about 37% more than the average manufacturing employee by the 2010s. But Andreas Teichgraeber and Tim Obermeier show that while wages went up, the share of the productivity gains going to workers declined.

Keywords: Productivity; Manufacturing; wages; firms; market performance; automotive (search for similar items in EconPapers)
Date: 2025-02-20
New Economics Papers: this item is included in nep-eff
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