The Employment Impact of Differences in Dmand and Production



Figure 10b: Decomposition of Employment Change (%) in the VIS among Final Demand,
Labour Productivity and Structural Change, Late 1990s - Late 1970s, All Countries

80%

60% -

40% -

20% -

0%

-20% -

-40% -


Till t∩ —

US

UK

GERMANY

FRANCE

NL

SPAIN

∏INTJNDJNT

3636,4175

3095,4348

621,0599

28 4,50 47

712,0563

1168,8521

□ DEM

60053,6284

13553,8 9 71

16100,2261

21597,2228

3112,4387

26427,1848

BPRD______

-27998,2388

-16646,0834

-8402,5927

-22788,0325

-2750,8559

-26600,1239



PRD: Productivity Growth Effect (Dark Shade, negative), DEM: Demand Growth Effect (Dark Shade, positive), INT_IND_INTD : Effects of Changes in the Inter-
Industry Linkages (pale shade).

63



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