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N° 2001 - 14 |
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| December |
The French-German Productivity Comparison
Revisited:
Ten Years after the German Unification |
Laurence Nayman
Deniz Ünal |
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| This study compares manufacturing output
and productivity levels between France and Germany since the German unification.
Taking as a benchmark the year 1997, the relative price level is calculated with
the industry-of-origin method. The French level of productivity in terms of labour,
capital and their combination is below the German one in 1997. However, with respect
to cost competitiveness, France takes advantage of lower unit labour costs than
Germany. Over the 90s, the factor productivity catch-up France achieved is significant.
Disparities between the eastern and the western Länder that resulted in a
lesser productivity growth remain large. But the commitment of the east into more
high-tech production processes using skilled labour could turn in the future into
competitiveness gains for all Germany. |
Abstract |
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| Relative price level, sectoral productivity,
unit labour costs, growth accounting, German unification, desinflation competitive
policy. |
Keywords |
| E31, J24, J30, L60, O47 |
JEL classification |
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