Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 26 May 2020

Abstract and Keywords

This chapter explores the interrelationships between the growth of value added, employment, and labour productivity at the sub-sector level in the manufacturing sector, with a focus on large countries. Structural change in eighteen manufacturing industries (classified into early, middle and late industries) is estimated using GDP per capita as the independent variable and one of the following three—value added per capita, employment-population ratio (EP ratio), and labour productivity—as the dependent variable. The results reveal three key challenges that must be addressed during manufacturing development in order to create manufacturing jobs, increase the wage level, and sustain the manufacturing employment or slow its pace of decline. One is to develop the wearing apparel industry (including fur and leather products and footwear), and another is to determine which industries are likely to maintain the given level of employment or slow pace of employment decline.

Keywords: value added, employment, labour productivity, manufacturing, structural change, early industries, middle industries, late industries

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.