Improved labour productivity is imperative for Oman’s economic diversification

Research output: Contribution to journalArticle

Abstract

This study measures sectoral labour productivity in Oman. Our findings indicate low as well as declining labour productivity across most sectors. Only Financial Intermediation shows some increases in labour productivity. We note that growth in most sectors was largely driven by fiscal spending rather than growth in labour productivity. The findings suggest that improving labour productivity and diversifying the economy can be both achieved by directing future expansions towards high-end industries, which can absorb the highly skilled and highly motivated workforce of Omanis.

Original languageEnglish
Pages (from-to)867-879
Number of pages13
JournalLocal Economy
Volume32
Issue number8
DOIs
Publication statusPublished - Dec 1 2017

Fingerprint

Economics
Labour productivity
Diversification
Financial intermediation
Industry
Workforce
Fiscal
Oman

Keywords

  • diversification
  • economic sectors
  • labour
  • Oman
  • productivity

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

Improved labour productivity is imperative for Oman’s economic diversification. / Al-Abri, Almukhtar S.

In: Local Economy, Vol. 32, No. 8, 01.12.2017, p. 867-879.

Research output: Contribution to journalArticle

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