Work

Global and European Labor Costs

Year: 2001
Type: preprint
Abstract: : Multinational companies and national governments pay considerable attention to labor cost 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 cost and labor productivity (iii) the convergence process between countries with higher and lower labor costs.
Language: English
Open Access status: green
OpenAlex ID: W1533168210
Cites: 17
Cited by:
Related to: 10