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Table 4 RULCs and components: index 100 = 1979 and values in 2012

From: Real unit labour costs in Eurozone countries: drivers and clusters

   1979   Values in 2012     
     \({\frac {\Delta RULC_{t}}{RULC_{t-1}}}\)   \({\frac {\Delta w_{t}}{w_{t-1}}}\)   \({{\small (1-\alpha }_{t}{\small)}\frac {\Delta K_{t}}{K_{t-1}}}\)   \({\frac {\Delta A_{t}}{A_{t-1}}}\)     
       ( I )   ( II )   ( III )   \(\frac {(\textit {I})}{(\textit {III})}\)   \(\frac {(\textit {II})}{(\textit {III})}\)
Periphery               
Greece   100.0   81.8   104.7   129.5   100.2   104%   129%
Ireland   100.0   74.7   197.2   138.6   189.6   104%   73%
Italy   100.0   85.1   122.7   125.5   116.5   105%   108%
Portugal   100.0   80.0   169.5   154.9   137.6   123%   113%
Spain   100.0   78.8   128.3   139.8   116.9   110%   120%
Average   100.0   80.1   144.5   137.7   132.2   109%   109%
Non-periphery               
Austria   100.0   87.1   152.4   129.7   133.9   114%   97%
Belgium   100.0   95.2   148.3   118.0   129.4   115%   91%
Finland   100.0   92.1   182.3   120.4   159.8   114%   75%
France   100.0   89.0   137.9   126.7   122.9   112%   103%
Netherlands   100.0   87.7   136.3   115.6   132.8   103%   87%
Sweden   100.0   83.0   153.9   123.5   149.4   103%   83%
Average   100.0   89.4   151.7   120.8   138.9   109%   88%
  1. Source: Own decomposition based on official European Commission data (Ameco Database).