The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 Average growth rate of GDP, labor and factor prices, and average share of factor input, 1995–2006 (%)
From: Measuring the comprehensive wage effect of changes in unit labor cost
Growth rate | Factor income share | |||||
|---|---|---|---|---|---|---|
Value added | Labor | Wage | User cost | Capital | Labor | |
Whole economy | ||||||
Mean | 2.91 | 1.39 | 3.85 | 2.19 | 35.59 | 64.41 |
Std. dev. | 1.34 | 1.17 | 2.63 | 2.99 | 4.77 | 4.77 |
Max | 6.97 | 4.45 | 11.09 | 11.72 | 43.91 | 75.69 |
Min | 1.25 | −0.31 | −0.33 | −1.42 | 24.31 | 56.09 |
Manufacturing sector | ||||||
Mean | 3.16 | −0.36 | 3.77 | 1.91 | 38.13 | 61.87 |
Std. dev. | 2.21 | 1.10 | 2.45 | 4.16 | 11.99 | 11.99 |
Max | 7.64 | 2.36 | 10.31 | 12.25 | 68.18 | 76.29 |
Min | 0.21 | −1.83 | −0.38 | −3.80 | 23.71 | 31.82 |
Electricity, gas, and water supply sector | ||||||
Mean | 1.56 | −1.05 | 4.03 | 3.67 | 66.38 | 33.62 |
Std. dev. | 1.89 | 1.68 | 2.69 | 4.63 | 11.23 | 11.23 |
Max | 4.30 | 2.72 | 10.33 | 16.36 | 80.18 | 54.81 |
Min | −3.15 | −3.15 | 1.05 | −3.97 | 45.19 | 19.82 |