Author： O'Mahony Mary Wagner Karin
Publisher： Emerald Group Publishing Ltd
ISSN： 0143-7720
Source： International Journal of Manpower, Vol.16, Iss.1, 1995-01, pp. : 5-21
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Abstract
Compares the productivity record of 30 manufacturing industries in UK and Germany in 1979 and 1989. Discusses the relative stocks of three forms of capital: physical capital, human capital and R&D expenditure. Standard growth accounting framework is used to estimate relative multi-factor productivity levels. Concludes that, although Germany had a strong labour productivity advantage in 1989, Britain's relative position had improved considerably since 1979. By 1989 German superiority could largely be explained by greater capital resources.
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