Comparing Apples to Oranges: Productivity Convergence and Measurement across Industries and Countries
Comparing Apples to Oranges: Productivity Convergence and Measurement across Industries and Countries
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苹果与橙子的比较:跨行业和国家的生产力趋同和衡量
DOI:
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发表时间:
2001
期刊:
影响因子:
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通讯作者:
C. I. Jones
中科院分区:
文献类型:
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作者:
A. Bernard;C. I. Jones
This paper examines the role of sectors in aggregate convergence for fourteen OECD countries during 1970-87. The major finding is that manufacturing shows little evidence of either labor productivity or multifactor productivity convergence, while other sectors, especially services, are driving the aggregate convergence result. To determine the robustness of the convergence results, the paper introduces a new measure of multifactor productivity which avoids many problems inherent to traditional measures of total factor productivity when comparing productivity levels. The lack of convergence in manufacturing is robust to the method of calculating multifactor productivity. Copyright 1996 by American Economic Association.