Efficiency in manufacturing and the need for global competition
Article Abstract:
The variations in manufacturing productivities of manufacturing industries in Germany, Japan and the US were studied. Productivity was measured as value added per hour worked, while industry-specific exchange rates were determined to address the currency conversion problem. It was concluded that productivity was determined through traditional factors, such as capital intensity and scale, but was also due to innovations, such as manufacturing design, workplace organization and employee training and incentives. A link between higher productivity and exposure to international competition was also discovered. Two comments on and a general discussion of the article are also included.
Publication Name: Brookings Papers on Economic Activity
Subject: Economics
ISSN: 0007-2303
Year: 1995
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Indexation and wage change settlement: evidence from Spanish manufacturing firms
Article Abstract:
A study was conducted to examine a joint framework for wage changes and cost of living allowances at various manufacturing companies in Spain. The relationship between non-indexed wage and market conditions were analyzed. The study also examined institutional factors that influence the country's labor market. Results indicated that workers pay a significant ex-ante change premium to realize a cost of living allowance clause. Findings also showed spillover effects in wage setting.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 1998
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Expectations formation and business cycle fluctuations: an empirical analysis of actual and expected output in UK manufacturing, 1975-1996
Article Abstract:
The expectations and actual results of industrial productivity in eight manufacturing industries in the United Kingdom in regard to business cycles from 1975 to 1996 are discussed.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 2000
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