Productivity Convergence in OECD Manufacturing Industries
نویسنده
چکیده
The extent of band s-convergence of average labor productivity across manufacturing industries in 18 OECD countries over the period 1972–1992 shows large inter-industry differences. One reason for these differences is knowledge and capital barriers preventing the occurrence of catch-up. We find the level of average labor productivity, as a proxy for these barriers, is correlated with the extent of convergence. 2000 Elsevier Science S.A. All rights reserved.
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