Productivity growth slows in the organic chemicals industry.

Trends in technology, research, and capital; output; and employment in the industrial organic chemicals industry from 1963 to 1985 are analyzed. Output per employee hour in the manufacture of some industrial organic chemicals rose at an average annual rate of 4.1 percent between 1963 and 1985. The...

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Detalles Bibliográficos
Publicado en:Monthly Labor Review Vol. 111; pp. 44 - 52
Autores principales: Huffstutler, Clyde, Bingham, Barbara
Formato: Artículo
Publicado: US Department of Labor June 1988
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:Trends in technology, research, and capital; output; and employment in the industrial organic chemicals industry from 1963 to 1985 are analyzed. Output per employee hour in the manufacture of some industrial organic chemicals rose at an average annual rate of 4.1 percent between 1963 and 1985. The extensive restructuring of the organic chemicals industry in recent years may have laid the foundation for long-term productivity increases. Specialty chemicals appear to offer better prospects for growth than do commodity chemicals, a portion of the industry in which the few potential high-growth areas include octane enhancers and methanol fuels.