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Revving up wages: How rising productivity has benefited car industry workers

Author

Listed:
  • Tim Obermeier
  • Andreas Teichgraeber

Abstract

Fast productivity growth in the UK car industry led to staff in the sector earning about 37% more than the average manufacturing employee by the 2010s. But Andreas Teichgraeber and Tim Obermeier show that while wages went up, the share of the productivity gains going to workers declined.

Suggested Citation

  • Tim Obermeier & Andreas Teichgraeber, 2025. "Revving up wages: How rising productivity has benefited car industry workers," CentrePiece - The magazine for economic performance 699, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:699
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    File URL: https://cep.lse.ac.uk/pubs/download/cp699.pdf
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