EconPapers    
Economics at your fingertips  
 

Sectoral Energy- and Labour-Productivity Convergence

Peter Mulder () and Henri de Groot ()

Environmental & Resource Economics, 2007, vol. 36, issue 1, 85-112

Abstract: This paper empirically investigates the development of cross-country differences in energy- and labour productivity. The analysis is performed at a detailed sectoral level for 14 OECD countries, covering the period 1970–1997. A σ-convergence analysis reveals that the development over time of the cross-country variation in productivity performance differs across sectors as well as across different levels of aggregation. Both patterns of convergence as well as divergence are found. Cross-country variation of productivity levels is typically larger for energy than for labour. A β-convergence analysis provides support for the hypothesis that in most sectors lagging countries tend to catch up with technological leaders, in particular in terms of energy productivity. Moreover, the results show that convergence is conditional, meaning that productivity levels converge to country-specific steady states. Energy prices and wages are shown to positively affect energy- and labour-productivity growth, respectively. We also find evidence for the importance of economies of scale, whereas the investment share, openness and specialization play only a modest role in explaining cross-country variation in energy- and labour-productivity growth. Copyright Springer Science+Business Media, Inc. 2007

Keywords: convergence; energy productivity; labour productivity; sectoral analysis; O13; O47; O5; Q43 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1007/s10640-006-9042-y (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Sectoral Energy- and Labour-Productivity Convergence (2004) Downloads
Working Paper: Sectoral Energy- and Labour-Productivity Convergence (2004) Downloads
Working Paper: Sectoral energy- and labour-productivity convergence (2003) Downloads
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:kap:enreec:v:36:y:2007:i:1:p:85-112

Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10640/PS2

Access Statistics for this article

Environmental & Resource Economics is currently edited by Ian J. Bateman

More articles in Environmental & Resource Economics from Springer, European Association of Environmental and Resource Economists Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-06-12
Handle: RePEc:kap:enreec:v:36:y:2007:i:1:p:85-112