English, , 91kb
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 national statistical
English, , 150kb
English, , 217kb
Capital services measures have long been recognised as the appropriate concept to capture capital input in production and productivity analysis. However, only few countries’ statistical agencies construct and publish such capital services measures. This paper describes capital services measures developed by the OECD and presents estimation methods and results for the G7 countries. By way of example, the consequences of applying
English, , 48kb
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
Statistics Working Paper N. 9 - 2003/6 - This paper presents the concepts underlying capital services measures, describes estimation methods and produces a first set of results. It also raises a number of outstanding conceptual issues in relation to capital services measures.
English, , 114kb
Article by Paul Schreyer, OECD Statistics Directorate for the "Review of Income and Wealth, Series 48, N.1, March 2002"
Français, , 843kb
Les mesures de l’évolution de la productivité sont des indicateurs essentiels à l’analyse de la croissance économique. Il existe toutefois un grand nombre de méthodes pour effectuer ces mesures. Le calcul et l’interprétation de ces dernières doivent donc être minutieux, en particulier lorsqu’on procède à des comparaisons internationales. Le Manuel de la productivité de l’OCDE est le premier guide complet des différentes mesures de