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Market Services: Productivity Benchmarks for the UK

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  • O'Mahony, Mary
  • Oulton, Nicholas
  • Vass, Jennet

Abstract

This paper presents comparisons of labor productivity (value added per hour worked) in market services for the United Kingdom, the United States, 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 United States led the United Kingdom by 35 percent in 1993, Germany led the United Kingdom by 34 percent, and France led the United Kingdom by 36 percent. The U.K. productivity shortfall vis-a-vis Germany and France was wider in market services than in manufacturing. Copyright 1998 by Blackwell Publishing Ltd

Suggested Citation

  • O'Mahony, Mary & Oulton, Nicholas & Vass, Jennet, 1998. "Market Services: Productivity Benchmarks for the UK," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(4), pages 529-551, November.
    • Handle: RePEc:bla:obuest:v:60:y:1998:i:4:p:529-51
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    Cited by:

    1. Mary O'Mahony & Nicholas Oulton, 2000. "International Comparisons of Labour Productivity in Transport and Communications: The US, the UK and Germany," Journal of Productivity Analysis, Springer, vol. 14(1), pages 7-30, July.
    2. Broadberry, Stephen & Ghosal, Sayantan, 2005. "Technology, organisation and productivity performance in services: lessons from Britain and the United States since 1870," Structural Change and Economic Dynamics, Elsevier, vol. 16(4), pages 437-466, December.
    3. Geoff Mason & Karin Wagner & David Finegold & Brent Keltner, 2000. "The "IT Productivity Paradox" Revisited: International Comparisons of Information Technology, Work Organisation and Productivity in Service Industries," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 69(4), pages 618-629.

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