MANUFACTURING AND THE CONVERGENCE HYPOTHESIS - WHAT THE LONG-RUN DATA SHOW
UNSPECIFIED. (1993) MANUFACTURING AND THE CONVERGENCE HYPOTHESIS - WHAT THE LONG-RUN DATA SHOW. JOURNAL OF ECONOMIC HISTORY, 53 (4). pp. 772-795. ISSN 0022-0507Full text not available from this repository.
The commonly accepted chronology for comparative productivity levels, based on GDP data, does not apply to the manufacturing sector, which shows evidence of a much greater degree of stationarity of comparative labor productivity performance among the major industrialized countries of Britain, Germany, and the United States. These results for manufacturing suggest that convergence of GDP pet worker must have occurred through trends in other sectors and through compositional effects of structural change. The persistent, large labor productivity gap between the United States and Europe cannot be explained simply by differences in capital per worker, but is related to technological choice.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
D History General and Old World
H Social Sciences
|Journal or Publication Title:||JOURNAL OF ECONOMIC HISTORY|
|Publisher:||CAMBRIDGE UNIV PRESS|
|Number of Pages:||24|
|Page Range:||pp. 772-795|
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