Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212002 
Year of Publication: 
2005
Series/Report no.: 
Bank of Finland Research Discussion Papers No. 4/2005
Publisher: 
Bank of Finland, Helsinki
Abstract: 
This paper makes an industry level study of labour productivity growth and its impacts.The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001.The conclusion of the study is that there is connection between an industry structure that leads to fast productivity growth and falling export prices.The relationship between labour productivity growth and labour compensation growth is relatively weak and therefore the majority of the efficiency resulting from the productivity growth does not benefit the labour force.
Subjects: 
industry structure
labour productivity
export prices
labour compensation
JEL: 
F41
J30
O47
Persistent Identifier of the first edition: 
ISBN: 
952-462-197-5
Document Type: 
Working Paper

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