Economics, Econometrics and Finance
4 years ago

Industry structure impacts productivity growth, leaving labor force behind in benefits.

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RePEc: Research Papers in Economics
Labour productivity growth and industry structure. The impact of industry structure on productivity growth, export prices and labour compensation
Johanna Sinkkonen

Paper Summary

The article looks at how different industries affect productivity growth. They studied 54 industries in 14 EU countries and the US from 1979 to 2001. They found that industries with fast productivity growth have lower export prices. The link between productivity growth and worker pay is not very strong, so most of the benefits of productivity growth don't go to workers.

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