Cost Competitiveness in the Food, Beverages and Tobacco Manufacturing of the EU and the USA: A Convergence Analysis

Panos Fousekis

Agricultural Economics Review, 2011, vol. 08, issue 2

Abstract: Time-series tests and analysis of disparities over time are employed in this paper to investigate convergence of cost competitiveness in the food, beverages, and tobacco manufacturing of 14 EU countries and the USA. According to the empirical results, there has been no uniform pattern of convergence across all countries for any of the three variables (unit labor cost, labor productivity, and wages) considered. There have been, however, converging dynamics for certain countries something which is consistent with club formation.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/178227/files/8_2_2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aergaa:178227

DOI: 10.22004/ag.econ.178227

Access Statistics for this article

More articles in Agricultural Economics Review from Greek Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().