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Measuring the role of manufacturing in the productivity growth of the European economies (1993–2007)

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Fernández Sánchez, Rafael and Palazuelos Manso, Enrique (2018) Measuring the role of manufacturing in the productivity growth of the European economies (1993–2007). Structural Change and Economic Dynamics, 46 . pp. 1-12. ISSN 0954-349X

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Official URL: https://doi.org/10.1016/j.strueco.2018.03.003



Abstract

This article focuses on the changes and dynamics followed by manufacturing production in order to quantify the share of manufacturing in the aggregate productivity growth of European economies, as well as the share of each industrial branch in the growth of manufacturing productivity. It proposes that the contribution of manufacturing to aggregate productivity remains high, but lower than that of the service sector, that within manufacturing the growth pattern of technology-intensive branches is more oriented towards productivity, and that the growth pattern of manufacturing will tend to be increasingly oriented towards productivity since demand growth is higher in the more technology-intensive branches.


Item Type:Article
Uncontrolled Keywords:Industry; Labour productivity; Economic growth; Baumol; European Union
Subjects:Social sciences > European Union > European Union member states
Social sciences > Economics > Economic development
Social sciences > Economics > Economic structure
JEL:L60, O40, O52
ID Code:54892
Deposited On:04 Apr 2019 09:54
Last Modified:04 Apr 2019 09:54

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