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Author:Bernard, A.
Jones, C.
Title:Productivity across industries and countries: time series18 theory and evidence
Journal:Review of Economics and Statistics
1996 : FEB, VOL. 78:1, p. 135-146
Index terms:INDUSTRIES
STATISTICS
PRODUCTIVITY
Language:eng
Abstract:The authors examine whether convergence in aggregate productivity is also occurring at the industry level in 14 OECD countries from 1970-1987. Using both cross-section and time series methods, the authors find convergence in some sectors, such as services. However, surprisingly, they find that convergence does not hold for the manufacturing sector. Decomposing aggregate convergence into industry productivity gains and changing sectoral shares of output, the authors find the service sector to be responsible for the bulk of cross-country convergence to the United States.
SCIMA record nr: 152831
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