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Labour Productivity in UK Manufacturing in the 1970s and in the 1980s

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  • Oulton, Nicholas

Abstract

What accounts for the productivity improvement experienced in manufacturing since 1979? Answers to this question are sought from a regression analysis of 93 manufacturing industries over the period 1971-86. The main findings are that when other influences, such as raw material prices and the shock of the 1980-1 recession, are eliminated, there has been an improvement in the 1980s in the growth rate of productivity whose impact effect averaged 4 per cent per annum. Between a quarter and a half of this is attributable to a decline in the disadvantages of unionisation.

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  • Oulton, Nicholas, 1990. "Labour Productivity in UK Manufacturing in the 1970s and in the 1980s," National Institute Economic Review, National Institute of Economic and Social Research, vol. 132, pages 71-91, May.
    • Handle: RePEc:cup:nierev:v:132:y:1990:i::p:71-91_7
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    Cited by:

    1. Claus Schnabel, 1991. "Trade Unions and Productivity: The German Evidence," British Journal of Industrial Relations, London School of Economics, vol. 29(1), pages 15-24, March.

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