A comparison of Structural Productivity Levels in the Major Industrialised Countries (original) (raw)

Work productivity and employment in chosen EU countries

2018

Work productivity presents one of the factors, influencing economic growth of the country. On the other hand work productivity is also influenced by various factors. There are raising differences in work productivity among individual countries. Human capital can influence work productivity through employment, which can be analyzed from various points of view. The goal of the paper is therefore to identify work productivity in EU-28 with emphasize to V4. The main analysis had been done by available database in European system of national and regional accounts and according introduced statistic classification of economic activities from European Parliament Decree. The main indexes of work productivity had been calculated according obtained data with using of descriptive statistics. According mentioned statistics we found which country is the best and which is the worst from the view of analyzed indexes. The last part of the paper presents following up of reason of determined state wit...

Ketteni “Multilateral Comparisons of Productivity among European Countries

2014

The objective of this multilateral comparison study is to analyse differences between levels of total factor productivity among European countries for the 2000-2012 period. Our results indicate that countries in Western and Central Europe are doing better with respect to the level of productivity compared with Mediterranean and Eastern European countries. Furthermore, we observe that most of the countries experienced increases in their productivity throughout the years. The productivity increases in Western and Central European countries are mainly due to increases in output, while the increases in Mediterranean and Eastern European countries are mainly due to the more efficient use of their inputs. It is important to note that our results suggest that the less productive countries are those with the highest productivity growth. That is, the Mediterranean and Eastern European countries show a faster productivity growth compared with the Western/Central European countries.

A Comparative Analysis of Productivity Measurements for Five European Countries

The last century provided the stage for important changes in the productivity of all industries. The Industrial Revolution together with the several technological revolutions enhanced the growth rhythm of economies by introducing new and improved production means. This article analyses several indicators of productivity for five European countries, during the last decades of the 20th century and the first of the 21st century. The research is based on statistical data provided by EU KLEMS, OECD and The New Maddison Project and the reviewed period is 1970-2007. The countries that have been the focus of our research are Finland, France, Germany, Greece and Spain. The choice of countries is justified by the need to approach both countries that are well known for their productivity enhancing methods and countries that have entered the race at a later stage. Another reason motivating our selection is the fact that we wanted to include countries from Northern, Central and Southern Europe. The research is based on input-output indexes used to emphasise the productivity of labour and capital and its evolution over the time. The basic research question of the present paper is whether there are largely different methods for computing productivity or we can consider the existence of a single theoretical concept measured in many ways. Subsequently, we wanted to verify whether these measurements reflect different underlying realities or if they are just different representations of the same process.

Labour Productivity: Concept and Tendencies

Ovidius University Annals: Economic Sciences Series, 2017

This paper addresses the important topic of increasing labour productivity. The expansion of this indicator has a multitude of economic and social implications, also affecting the average consumer. Following the presentation of some theoretical elements related to labour productivity, we make some comparative references and we recall the necessary correlation with salaries. Then we refer to the labour productivity determined by the National Institute of Statistics (INSSE) for the period 2011-2014, both when it comes to labour productivity per employed person, as well as to hourly labour. Obviously, the indicators in question are considerably below the European average. But for a relative mitigation of the gaps, we indicate some ideas in the Conclusions and Recommendations section of our paper.

The Productivity Gap between Europe and the United States: Trends and Causes

Journal of Economic Perspectives, 2008

Since the mid-1990s, labor productivity growth in Europe has significantly slowed compared to earlier decades. In contrast, labor productivity growth in the United States accelerated, so that a new productivity gap has opened up. This paper shows that this development is attributable to the slower emergence of the knowledge economy in Europe. We consider various explanations which are not mutually exclusive. These include lower growth contributions from investment in information and communication technology; the small share of information and communications technology–producing industries in Europe; and slower multifactor productivity growth, which proxies for advances in technology and innovation. Underlying these are issues related to the functioning of European labor markets and the high level of product market regulation in Europe. The paper emphasizes the key role of market service sectors in accounting for the productivity growth divergence between the two regions. We argue th...