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Sectoral Decomposition of Convergence in Labor Productivity : A Re-Examination from a New Dataset / Alistair Dieppe.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Dieppe, Alistair.
Contributor:
Matsuoka, Hideaki.
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Agricultural Productivity.
Agricultural Sector Economics.
Agriculture.
Convergence.
Labor Markets.
Labor Productivity.
New Sectoral Database.
Rural Development.
Rural Labor Markets.
Sector Reallocation.
Shift-Share Decomposition.
Social Protections and Labor.
Local Subjects:
Agricultural Productivity.
Agricultural Sector Economics.
Agriculture.
Convergence.
Labor Markets.
Labor Productivity.
New Sectoral Database.
Rural Development.
Rural Labor Markets.
Sector Reallocation.
Shift-Share Decomposition.
Social Protections and Labor.
Physical Description:
1 online resource (30 pages)
Other Title:
Sectoral Decomposition of Convergence in Labor Productivity
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
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.

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