Productivity convergence in OECD manufacturing industries

M.A. Carree*, L. Klomp, A.R. Thurik

*Corresponding author for this work

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    Abstract

    The extent of beta- and sigma-convergence of average labor productivity across manufacturing industries in 18 OECD countries over the period 1972-1992 shows large inter-industry differences. One reason for these differences is knowledge and capital barriers preventing the occurrence of catch-up. We find the level of average labor productivity, as a proxy for these barriers, is correlated with the extent of convergence. (C) 2000 Elsevier Science S.A. All rights reserved.
    Original languageEnglish
    Pages (from-to)337-345
    Number of pages9
    JournalEconomics Letters
    Volume66
    Issue number3
    DOIs
    Publication statusPublished - Mar 2000

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