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Convergence in OECD countries: technical change, efficiency and productivity

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  • Joaquin Maudos
  • Jose Manuel Pastor
  • Lorenzo Serrano

Abstract

The aim of this study is to analyse labour productivity convergence in the OECD countries over the period 1975-90. A nonparametric frontier approach is used to calculate the Malmquist productivity index. By breaking it down, the contribution in the growth of labour productivity of technical progress, of changes in efficiency, and of the accumulation of inputs per worker are quantified. Unlike other studies, the results obtained show that technical change has worked against labour productivity convergence, since it has always been greater in the countries with higher labour productivity.

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  • Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2000. "Convergence in OECD countries: technical change, efficiency and productivity," Applied Economics, Taylor & Francis Journals, vol. 32(6), pages 757-765.
    • Handle: RePEc:taf:applec:v:32:y:2000:i:6:p:757-765
    DOI: 10.1080/000368400322381
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