Sectoral Decomposition of Convergence in Labor Productivity

• Tác giả: Alistair Dieppe
• Ngôn ngữ: eng
• Ký hiệu phân loại: 331.1 Labor force and market
• Thông tin xuất bản: World Bank, Washington, DC, 2021
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 313861
• Chủ đề: 1. AGRICULTURAL PRODUCTIVITY; 2. LABOR PRODUCTIVITY; 3. NEW SECTORAL DATABASE; 4. SECTOR REALLOCATION; 5. SHIFT-SHARE DECOMPOSITION

Tóm tắt

This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to aggregate beta convergence, using a newly constructed eight-sector database. The main findings are twofold. First, both within and sectoral reallocation have become important drivers of aggregate convergence in labor productivity. Second, agricultural productivity growth has been a significant contributor to aggregate convergence, whereas catch-up in other sectors has only contributed a small amount to convergence. The strong growth of the agriculture sector has been the most important driver of aggregate productivity convergence even though agricultural productivity itself in low-income countries is weakly converging to that in advanced economies.