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| Author: | Siebert, H. |
| Title: | Arbeitsproduktivität und Löhne in der Europäischen Währungsunion |
| Journal: | Weltwirtschaft
1998 : MAY, 2, p. 115-120 |
| Index terms: | PRODUCTIVITY LABOUR PAY EUROPEAN UNION |
| Language: | ger |
| Abstract: | Labour productivity in the European Union member countries are calculated. The result show that there is quite a divergence in labour productivities with the Netherlands and Italy reaching 85 % of the West-German level, Spain 62 % and Portugal 35 per cent. This implies that labour costs have to be differentiated substantially btw. the EU countries. The paper analuzes the implication for a wage policy and for the financing of the social security systems in Europe. |
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