Comparative levels of labour productivity and labour costs in manufacturing in Belgium and the Netherlands, 1921-1990

Abstract

Belgium and The Netherlands share a lot of common characteristics in historical development, geographical location, political and institutional structure and in the size and degree of the openness of their economies. However, detailed comparisons of economic development of Belgium and The Netherlands have been largely neglected until now. This paper presents a comparative description of the development of labour productivity in Belgian and Dutch manufacturing for the period 1921-1990. Three comparative benchmark estimates of output and productivity for the years 1937, 1960 and 1987 were calculated, mainly based on census information. Levels of manufacturing productivity are extended backward and forward by linking time series of productivity change from 1921 to 1990 to the benchmarks.