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Table 1 Performance of manufacturing by region (growth rates in percent) 1990–2008

From: Job creation and trade in manufactures: industry-level analysis across countries

  ΔY/Y ΔV/V ΔL/L ΔW/W Δw/w Δv/v ln (w) ln (v) I/Y
LAC 2.50 3.26 0.61 0.79 −0.09 2.39 8.60 10.16 0.06
SSA 4.94 2.98 3.27 2.99 0.00 −0.01 7.10 8.48 0.08
MENA 6.44 5.70 3.11 5.74 3.32 3.28 8.40 9.59 0.21
ASIA 3.49 2.27 1.61 1.66 1.14 1.75 8.69 10.07 0.17
CEE 5.69 6.36 −0.96 4.19 5.07 7.24 8.09 9.04 0.17
OECD 1.21 0.63 −1.31 0.17 1.33 1.79 10.28 11.08 0.05
Total 3.19 2.91 −0.05 1.88 2.11 3.14 9.13 10.17 0.10
  1. Source: UNIDO INDSTAT4
  2. Note: All variables are in real values
  3. Y output, V value added, L employment, W wage bill, w wage per worker, v value added per worker, I/Y investment to output ratio, Δ difference