The Competitiveness of French Industry: Lessons from a European Comparison
Since 1997, strong growth of the French economy has also generated much employment. Such a trend, which reflects the deceleration of productivity growth, could be worrying were it to affect competitiveness. However, productivity growth in manufacturing industry, which is especially exposed to international competition, appears to have maintained a constant level since the 1970s. From this point of view, comparisons made with Germany, the United Kingdom and Spain highlight the specificity of the French case. The macroeconomic policy adopted as of 1983 has forced French firms to control prices and costs, via wage moderation and productivity gains. Comparisons based on an evaluation of production within a single price system indicate that, at the end of the 1990s, France had lower prices and costs as well as better productivity levels than Germany and the United Kingdom.
competitiveness; international comparison; industry; productivity; growth; factor costs; prices; factor markets and growth; sectors
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.