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Statistics Working Paper N. 45- 2012/2 - This Statistics Working Paper, based on a production-theoretic framework, measures the effects of real output prices, primary inputs, multi-factor productivity growth, and depreciation on Korea’s real net income growth over the past 30 years. The empirical analysis is based on a new dataset for Korea with detailed information on labour and capital inputs, including series on land and
Provisional estimates show that quarterly gross domestic product (GDP) in the OECD area grew by 0.2% in the third quarter of 2012, the same rate as in the previous quarter, but with continuing diverging patterns across countries.
The OECD unemployment rate was 7.9% in September 2012, broadly the same rate observed since January 2011.
Diverging patterns of business start-up rates are emerging across OECD economies five years after the sharp, synchronized falls recorded at the beginning of the financial crisis.
Composite leading indicators (CLIs) continue to point to weak growth prospects in many major economies, but signs of stabilisation are emerging in Canada, China and the United States.
Annual inflation in the OECD area rose by 2.2% in the year to September 2012, up from 2.1% in the year to August 2012. This slight increase in the annual rate of inflation was driven by higher energy prices which accelerated to 5.1% in September, up from 3.5% in August, while food price inflation slowed to 2.1% in September, compared with 2.2% in August.
This seminar, which is organised jointly by the OECD and Statistics Korea, will address the issue of making statistics more easily understandable and appealing using the latest data visualization techniques.
A major step forward towards putting the measurement of well-being at the heart of policy-making was taken at a four-day international conference which ended in New Delhi today.
The STAN Bilateral Trade Database by Industry and End-use category (BTDIxE) provides values of exports and imports of goods for OECD countries and non member economies. Data are presented by partner country, by industry and by end-use category from 1990 onwards.
The OECD area employment rate was 65.0% in the second quarter of 2012. This figure is 0.1 percentage point higher than in the previous quarter and 0.2 percentage point higher than one year ago.