Does egalitarian pay add value? Pay compression, union structure and manufacturing productivity growth in the OECD

2013 ◽  
Vol 21 (1) ◽  
pp. 73-91
Author(s):  
Guy Vernon
Keyword(s):  
Productivity Growth ◽  
Manufacturing Productivity ◽  
Union Structure

Sectoral Manufacturing Productivity Growth in Korean Regions

Urban Studies ◽  
2005 ◽  
Vol 42 (7) ◽  
pp. 1201-1219 ◽  
Author(s):  
Bun Song Lee ◽  
Kim Sosin ◽  
Sung Hyo Hong
Keyword(s):  
Productivity Growth ◽  
Manufacturing Productivity

scholarly journals The Decline of British Manufacturing, 1973–2012: The Role of Total Factor Productivity

2019 ◽  
Vol 247 ◽  
pp. R19-R31 ◽  
Author(s):  
Richard Harris ◽  
John Moffat
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Intangible Assets ◽  
Factor Productivity ◽  
Tfp Growth ◽  
Manufacturing Productivity ◽  
Plant Level

This paper uses plant-level estimates of total factor productivity covering 40 years to examine what role, if any, productivity has played in the decline of output share and employment in British manufacturing. The results show that TFP growth in British manufacturing was negative between 1973 and 1982, marginally positive between 1982 and 1994 and strongly positive between 1994 and 2012. Poor TFP performance therefore does not appear to be the main cause of the decline of UK manufacturing. Productivity growth decompositions show that, in the latter period, the largest contributions to TFP growth come from foreign-owned plants, industries that are heavily involved in trade, and industries with high levels of intangible assets.

Manufacturing Productivity Growth in American Economic History

2018 ◽  
pp. 212-234 ◽  
Author(s):  
Alexander J. Field
Keyword(s):  
World War I ◽  
Productivity Growth ◽  
Economic History ◽  
Manufacturing Sector ◽  
The United States ◽  
First Century ◽  
World War ◽  
The Great Depression ◽  
Manufacturing Productivity ◽  
Eighteenth And Nineteenth Centuries

This chapter provides an overview of labor and total factor productivity growth in the manufacturing sector in the United States from colonial times to the present. An introductory section defines concept and terms. This is followed by an historical survey of improvement in the eighteenth and nineteenth centuries, and sections on the manufacturing revolution of the 1920s and the sector’s contribution during the Great Depression. The remainder of the chapter provides a quantitative perspective on manufacturing productivity growth and its contribution to the overall economy from the end of World War I through the first decade of the twenty-first century.

scholarly journals Return of the Solow Paradox? IT, Productivity, and Employment in US Manufacturing

2014 ◽  
Vol 104 (5) ◽  
pp. 394-399 ◽  
Author(s):  
Daron Acemoglu ◽  
David Autor ◽  
David Dorn ◽  
Gordon H. Hanson ◽  
Brendan Price
Keyword(s):  
Productivity Growth ◽  
Manufacturing Industries ◽  
Technological Changes ◽  
Limited Support ◽  
Manufacturing Productivity ◽  
It Productivity

An increasingly influential 'technological-discontinuity' paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using US manufacturing industries. There is some limited support for more rapid productivity growth in IT-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and to our expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases, when detectable, result from the even faster declines in employment.

scholarly journals What's the big deal?: the effect of corporate reforms on manufacturing productivity in Korea

2005 ◽  
Author(s):  
◽  
Hojong Kang
Keyword(s):  
Productivity Growth ◽  
Plant Size ◽  
Factor Productivity ◽  
Data Set ◽  
Before And After ◽  
Interaction Term ◽  
Manufacturing Productivity ◽  
Plant Level ◽  
Positive Effect ◽  
Do So

Although Korea has achieved striking economic success during last four decades, following the 1997-98 foreign exchange crisis, Korea's economy was in urgent need of restructuring amid a series of corporate bankruptcies and a paralyzing credit crunch. In this paper using an unpublished plant-level panel data set, I explore changes in total factor productivity and its growth before and after the crisis. In order to do so, I sort out eight industries that were most likely affected by the "Big Deal Program". The results suggest the Big Deal had a positive and significant effect on TFP levels. Bigger plants in Big Deal industries had differentially higher TFP levels However, these results are not robust to the bigger plants classified as being in the top 5% in terms of K/L ratio. Unlike the results for TFP levels, coefficient for the three variable interaction term ( DiTt[arrow][tau] Spt ) are all positive and significant with the plant-size specification. It means the bigger plants in eight Big Deal industries have more productivity growth even though they have lower TFP levels than the smaller plants after the reform. Depending on the plant-size specifications, the Big Deal program had a positive effect on the bigger plants in the Big Deal industries of 0.1 to 1.39 percents.

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