The Employment Impact of Differences in Dmand and Production

Table 6. Employment Effects of Alternative Consumption Vectors
(% of late 1990s employment level)

Current Prices

	STEP 1 Service Mix	STEP 2 Service Share	STEP 3 Manuf Mix	TOTAL Final Demand Mix
US (1997-77)	0.83	-3.19	1.20	-1.15
UK (1998-79)	6.99	-7.34	2.55	2.20
GERMANY (1995-78)	-2.26	-1.43	0.52	-3.16
FRANCE (1995-77)	4.98	-2.94	1.79	3.83
NL (1997-77)	7.60	-6.02	-0.26	1.32
SPAIN (1995-80)	0.13	-0.88	0.24	-0.51
		Constant Prices (final year prices)
US (1997-77)	-3.01	-1.42	0.19	-4.24
UK (1998-79)	7.88	-3.59	1.58	5.87
GERMANY (1995-78)	-0.76	-1.99	-0.51	-3.25
FRANCE (1995-77)	4.18	-0.88	3.86	7.16
NL (1997-77)	6.18	-3.43	-4.05	-1.30
SPAIN (1995-80)	-	-	-	-

(97-86)

STEP 1: late 1990s total FD, late 1990s manufacturing mix, late 1990s service share in final demand,
late 1970s service mix

STEP 2: late 1990s total,late 1990s manufacturing mix, late 1970s service share in household
consumption, late 1970s service mix

STEP 3: late 1990s total, late 1970s manufacturing mix, late 1970s service share in household

consumption, late 1970s service mix

82