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
Capital - in particular of the physical sort - plays several roles in economic life: it constitutes wealth and it it provides services in production processes. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a question how to measure all these dimensions of capital in industry and national accounts. This revised Capital Manual is a comprehensive guide to the approaches toward capital measurement. It gives statisticians, researchers and analysts practical advice while providing theoretical background and an overview of the relevant literature. The manual comes in three parts - a first part with a non-technical description with the main concepts and steps involved in measuring capital; a second part directed at implementation and a third part outlining theory and a more complete mathematical formulation of the measurement process.