Table 5. Employment Effects of Alternative Final Demand Vectors
(% of late 1990s employment level)
Current Prices
|
STEP 1 Service Mix |
STEP 2 Service Share |
STEP3 Manuf |
TOTAL Final Demand | |
|
US (1997-77) |
2.63 |
-2.61 |
1.58 |
1.60 |
|
UK (1998-79) |
-3.06 |
-4.79 |
0.08 |
-7.76 |
|
GERMANY (1995-78) |
-10.95 |
-1.24 |
-0.30 |
-12.48 |
|
FRANCE (1995-77) |
-4.62 |
-4.12 |
2.62 |
-6.13 |
|
NL (1997-77) |
-2.37 |
-4.71 |
-2.72 |
-9.80 |
|
SPAIN (1995-80) |
-3.09 |
-0.94 |
1.89 |
-2.14 |
Constant Prices (final year prices)
|
US (1997-77) |
-0.31 |
-0.99 |
1.31 |
0.02 | |
|
UK (1998-79) |
-2.39 |
-2.33 |
0.73 |
-3.99 | |
|
GERMANY (1995-78) |
-10.20 |
-1.81 |
-0.66 |
-12.67 | |
|
FRANCE (1995-77) |
-5.16 |
-2.86 |
4.38 |
-3.64 | |
|
NL (1997-77) |
-3.16 |
-3.64 |
-5.45 |
-12.24 |
(97-86) |
|
SPAIN (1995-80) |
- |
- |
- |
- | |
STEP 1: late 1990s total FD, late 1990s manufacturing mix, late 1990s service share in final demand, late 1970s
service mix
81