Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries

Volume: 2 Number: 3 September 1, 2012
  • Tahir Mahmood
EN

Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries

Abstract

Beta convergence and the speed of convergence of labour productivity for 52 industries are studied with a panel of data including 13 European countries. We use fixed effect approach to model the heterogeneity across countries. In primary sector and in service sector, the existence of -convergence is found for all industries. In manufacturing sector, convergence is found for all industries except for electronic and computing equipment industries. In general the speed of convergence estimates show slow adjustment. Speed is highest in the capital intensive industries. In primary production the convergence is slowest in agriculture and fastest in fishing industry. In manufacturing sector the convergence is slowest in food, drink and tobacco, and it is fastest in oil refining and nuclear fuel manufacturing industries. By augmenting the productivity models with labour utilization variable speeds up the convergence. Labour utilization is positively related to productivity growth in primary production industries, ICT producing manufacturing industries, and ICT producing services industries.

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Primary Language

English

Subjects

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Journal Section

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Authors

Tahir Mahmood This is me

Publication Date

September 1, 2012

Submission Date

September 1, 2012

Acceptance Date

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Published in Issue

Year 2012 Volume: 2 Number: 3

APA
Mahmood, T. (2012). Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries. International Journal of Economics and Financial Issues, 2(3), 320-339. https://izlik.org/JA77WE62GA
AMA
1.Mahmood T. Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries. IJEFI. 2012;2(3):320-339. https://izlik.org/JA77WE62GA
Chicago
Mahmood, Tahir. 2012. “Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries”. International Journal of Economics and Financial Issues 2 (3): 320-39. https://izlik.org/JA77WE62GA.
EndNote
Mahmood T (September 1, 2012) Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries. International Journal of Economics and Financial Issues 2 3 320–339.
IEEE
[1]T. Mahmood, “Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries”, IJEFI, vol. 2, no. 3, pp. 320–339, Sept. 2012, [Online]. Available: https://izlik.org/JA77WE62GA
ISNAD
Mahmood, Tahir. “Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries”. International Journal of Economics and Financial Issues 2/3 (September 1, 2012): 320-339. https://izlik.org/JA77WE62GA.
JAMA
1.Mahmood T. Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries. IJEFI. 2012;2:320–339.
MLA
Mahmood, Tahir. “Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries”. International Journal of Economics and Financial Issues, vol. 2, no. 3, Sept. 2012, pp. 320-39, https://izlik.org/JA77WE62GA.
Vancouver
1.Tahir Mahmood. Labour Productivity Convergence in 52 Industries: A Panel Data Analysis of Some European Countries. IJEFI [Internet]. 2012 Sep. 1;2(3):320-39. Available from: https://izlik.org/JA77WE62GA