Long abstract

OECD Measures of Total Hours Worked

According to the 1993 System of National Accounts (SNA93), total hours actually worked is the preferred aggregate measure of labour input for productivity analysis, as it reflects the volume of work engaged per year in self-employment and employee jobs for the production of goods and services by resident units of production. In practice, total hours of work are derived from combining available estimates of annual hours actually worked per person in employment with average employment levels over the year from OECD databases that are coherent with the hours worked figures. In general, the international comparability of employment levels and trends is ensured by their compliance to ILO guidelines on employment statistics . They are therefore less prone to important conceptual differences compared to the measurement issues that affect estimates of hours worked.

Just Released

This compendium presents a large number of indicators on productivity and includes methodological notes which describe the measurement challenges, data choices, and remaining measurement problems.

OECD Compendium of Productivity Indicators 2008

OECD Productivity Manual

This is the first comprehensive guide to the various productivity measures and addresses statisticians, researchers and analysts who are involved in constructing industry-level productivity indicators.

OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth