Comparing sectoral productivity across countries.

Renewed interest in economic growth has encouraged studies of how different sectors have contributed to convergence trends. Comparing productivity levels across countries is notoriously tricky, but one attractive approach has been to deflate sector value added by the PPP exchange rate for GDP. There...

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Main Author: Glyn, A
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2004
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author Glyn, A
author_facet Glyn, A
author_sort Glyn, A
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description Renewed interest in economic growth has encouraged studies of how different sectors have contributed to convergence trends. Comparing productivity levels across countries is notoriously tricky, but one attractive approach has been to deflate sector value added by the PPP exchange rate for GDP. There is a quite fundamental problem with this approach which, by measuring the purchasing power of sectoral incomes over GDP, biases the result towards reflecting the difference in GDP per head. In less extreme form the same problem applies to the use of a PPP for gross output of that sector.
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spelling oxford-uuid:58434aa1-85c4-496a-9285-54a8873ccab52022-03-26T17:02:10ZComparing sectoral productivity across countries.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:58434aa1-85c4-496a-9285-54a8873ccab5EnglishOxford University Research Archive - ValetDepartment of Economics (University of Oxford)2004Glyn, ARenewed interest in economic growth has encouraged studies of how different sectors have contributed to convergence trends. Comparing productivity levels across countries is notoriously tricky, but one attractive approach has been to deflate sector value added by the PPP exchange rate for GDP. There is a quite fundamental problem with this approach which, by measuring the purchasing power of sectoral incomes over GDP, biases the result towards reflecting the difference in GDP per head. In less extreme form the same problem applies to the use of a PPP for gross output of that sector.
spellingShingle Glyn, A
Comparing sectoral productivity across countries.
title Comparing sectoral productivity across countries.
title_full Comparing sectoral productivity across countries.
title_fullStr Comparing sectoral productivity across countries.
title_full_unstemmed Comparing sectoral productivity across countries.
title_short Comparing sectoral productivity across countries.
title_sort comparing sectoral productivity across countries
work_keys_str_mv AT glyna comparingsectoralproductivityacrosscountries