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Global and European Labor Costs

Author

Listed:
  • Filip Abraham

    (K.U.Leuven, C.E.S., International Economics)

Abstract

Multinational companies and national governments pay considerable attention to labor costs and labor productivity differentials across countries. This paper analyzes 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 costs and labor productivity and (iii) the convergence process between countries with higher and lower labor costs.

Suggested Citation

  • Filip Abraham, "undated". "Global and European Labor Costs," International Economics Working Papers Series ces0113, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, International Economics.
  • Handle: RePEc:kul:kulwps:ces0113
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    File URL: http://www.econ.kuleuven.ac.be/ew/admin/Publications/Dps0113.pdf
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    Keywords

    Labor costs; EMU; multinationals; productivity;
    All these keywords.

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