Discussions about the current crisis often present events in a sequence, such as that the US sub-prime crisis in August 2007 triggered a major inter-bank credit crisis, which transformed itself into a general credit crisis, the latter having an impact on the real economy and overall business and consumer confidence. However, some commentators have made reference to other explanations, more linked to the evolution of economic
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OECD provides three database containing data on labour productivity: • OECD Productivity Database (PD);• OECD STAN Industrial Database for Structural Analysis (STAN); and,• OECD System of Unit Labour Cost and Related Indicators (ULCRI). The objective of this paper is to give an overview of each database, explain why differences exist across data sets, and to provide direct web-links to the databases and related methodological
OECD Workshop on Productivity Analysis and Measurement is organised jointly with the Federal Statistical Office and the State Secretary for Economic Affairs of Switzerland and will be held in Bern, 16-18 October 2006.
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Difference between the rate of change of output and the rate of change of total inputs. Presented as index and as a rate of change. Price indices for information and communication technology assets are those published by the U.S. Bureau of Economic Analysis, corrected for overall inflation.
OECD workshop on Productivity Measurement organised jointly with the Instituto Valanciano de Investigaciones Economicas (Ivie), held in Madrid, Spain, on 17-19 October 2005. A growing number of statistical offices in the OECD area have recently become engaged in the measurement of productivity. This work is raising many new questions for measurement, including the possible approaches to developing measures of aggregate productivity
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Methodological note describing the OECD estimates of productivity levels and the differences between previously published OECD estimates and current estimates.
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A volume index of combined labour and capital inputs for the total economy. The index has been constructed as a weighted average of the rate of change of total hours worked and the rate of change of capital services. Cost shares of inputs averaged over the two periods under consideration serve as weights (Törnqvist index). Price indices for information and communication technology assets are those published by the U.S. Bureau of
Statistics Working Paper N. 14 - 2005/4. Using new sectoral data on investment and capital services we carry out a growth accounting exercise on Spain 1985-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour qualification and Total Factor Productivity. Results are given for 29 different branches; individually and grouped into four clusters according to their ICT
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Croissance et productivité sont des questions qui préoccupent les pouvoirs publics dans la plupart des pays de l’OCDE. Récemment, plusieurs études de l’OCDE ont mis en évidence des évolutions très contrastées de la croissance et de la productivité dans différents pays, et proposé diverses mesures pour améliorer les résultats enregistrés dans ce domaine.