O'Mahony, Mary, Oulton, Nicholas 
ORCID: 0000-0002-1595-7732 and Vass, Jennet
(1998)
Market services: productivity benchmarks for the UK.
Oxford Bulletin of Economics and Statistics, 60 (4).
pp. 529-551.
ISSN 0305-9049
Abstract
This paper presents comparisons of labour productivity (value added per hour worked) in market services for the UK, the US, France and Germany in 1993. Market services, defined as (1) Distribution, Hotels and Catering, (2) Transport and Communications and (3) Finance, Insurance and Real Estate, make up 34-43 percent of total employment in the four countries. For productivity in market services overall, the US led the UK by 35 percent in 1993, Germany led the UK by 34 percent and France led the UK by 36 percent. The UK productivity shortfall vis-à-vis Germany and France was wider in market services than in manufacturing.
| Item Type: | Article |
|---|---|
| Official URL: | https://onlinelibrary.wiley.com/journal/14680084 |
| Additional Information: | © 1998 John Wiley & Sons |
| Divisions: | Centre for Macroeconomics |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 12 Dec 2020 00:16 |
| Last Modified: | 14 Sep 2024 08:28 |
| URI: | http://eprints.lse.ac.uk/id/eprint/107899 |
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