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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 6 Decomposition of changes in unit labor cost from 1995 to 2006 (%), whole economy

From: Measuring the comprehensive wage effect of changes in unit labor cost

 

ULC

 

(Conventional decomposition)

Wage

User cost

TFP

Wage

ALP

Australia

2.52

2.42

0.75

−0.64

3.95

−1.43

Austria

0.56

1.16

0.80

−1.40

1.80

−1.24

Belgium

1.44

1.48

0.18

−0.22

2.35

−0.91

Czech Republic

5.06

4.38

0.68

0.01

7.48

−2.42

Denmark

2.49

2.06

−0.12

0.55

3.05

−0.56

Finland

1.12

1.96

1.05

−1.89

3.04

−1.92

France

1.49

1.79

0.53

−0.82

2.73

−1.24

Germany

−0.07

1.17

0.09

−1.32

1.74

−1.81

Hungary

8.42

6.67

4.68

−2.93

11.09

−2.67

Ireland

2.51

2.79

1.45

−1.73

5.03

−2.52

Italy

2.31

1.63

0.62

0.05

2.53

−0.22

Japan

−1.62

−0.19

−0.60

−0.83

−0.33

−1.29

Netherlands

2.09

2.12

0.82

−0.85

3.17

−1.08

Slovenia

4.63

5.96

1.47

−2.80

7.81

−3.18

Spain

2.93

1.66

0.89

0.38

2.63

0.30

Sweden

1.44

2.44

−0.12

−0.87

3.63

−2.19

United Kingdom

2.60

2.75

0.21

−0.36

3.85

−1.25

United States (NAICS based)

2.01

2.42

0.40

−0.81

3.74

−1.72