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Global and European Labor Costs

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  • F. Abraham

Abstract

Multinational companies and national governments pay considerable attention to labor cost and labor productivity differentials across countries. This paper analyses total and unit labor differentials for a group of European and non-European countries in the 1960-1998 period. It deals with (i) the magnitude of total labor cost differences (ii) the developments in unit labor cost and labor productivity (iii) the convergence process between countries with higher and lower labor costs.

Suggested Citation

  • F. Abraham, 2002. "Global and European Labor Costs," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(3), pages 373-398.
    • Handle: RePEc:ete:revbec:20020305
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    References listed on IDEAS

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