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Labour Productivity
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Statistics
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Labour Productivity Growth - Data: GDP, Annual Hours Worked, Total Employment, Total Hours Worked, GDP per Hour Worked
Labour productivity is defined as Gross Domestic Product (GDP) per hour worked; GDP is expressed in national currency, at constant prices, OECD base year 2000. Labour input is defined as total hours worked of all persons employed, multiplied by the corresponding and consistent measure of employment for each particular country
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Labour Productivity Levels - Data: GDP, Annual Hours Worked, Total Employment, Total Hours Worked, GDP per Hour Worked
Estimates of productivity levels and GDP per capita permit the comparison of standards of living and underlying factors across countries.
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GDP per Capita - Data: Breakdown of GDP in its components and differentials in GDP per Capita and their Decomposition
GDP per capita measures economic activity or income per person and is one of the core indicators of economic performance as well as a rough measure of average living standards or economic well-being. GDP per capita is broken down into labour productivity level (measured as GDP per hour worked) and differences in the extent of labour utilization, measured as the number of hours worked per capita.
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The real economy and the crisis: revisiting productivity fundamentals
This analysis investigates what was actually happening to some data concerning the real sector and especially productivity trends in the major OECD member economies before the 2008 financial crisis.
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Methodology
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Sources for Employment and Hours worked
Estimates of labour productivity require consistent estimates of total hours worked across countries. This file shows, for each country and each year, the sources of data used for calculating the estimates of employment and hours worked for the labour productivity growths.
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OECD Measures of Total Hours Worked
According to the 2008 System of National Accounts (2008 SNA), total hours actually worked is the preferred aggregate measure of labour input for productivity analysis. This document reviews current practices and measurement issues in producing internationally comparable total hours worked data.
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Multi-factor Productivity (MFP)
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Statistics
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Investment Data and Shares of ICT Investment in Total Non-residential GFCF
This file contains Gross Fixed Capital Formation (GFCF) data by type of assets from national sources; and percentage share of current prices ICT investment in total non-residential GFCF from the OECD Productivity Database. Estimates are updated on an irregular basis, for most updated data please refer to the Annual National Accounts database.
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MFP based on Harmonised Price Indices for ICT Capital Goods, Capital Input, Cost Shares, Total factor Input
The OECD Productivity database provides comparable rates of change of Multi-factor Productivity (MFP) for the total economy, measured by deducting from output growth the growth of labour and capital. Further details are available in the note below.
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Capital Services by Type of Asset Based on Harmonised Price Indices for ICT Capital Goods
The OECD Productivity database provides capital services estimates broken down by six or seven assets : IT equipment, communication equipment, other machinery and equipment, non residential construction, transport equipment, software, other intangibles, and three aggregates: total information and communication technology (ICT), total non ICT and total products of agriculture, metal products and machinery.
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Methodology
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Measuring Capital: OECD Manual 2009, Second Edition
This Manual is a comprehensive guide to the approaches toward capital measurement. It 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.
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Information on Data Received from National Statistical Offices for Capital Services Computations
General information on investment data by type of assets - Titles of the series directly received from national sources.
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OECD Productivity Database: Calculation of Multi-Factor Productivity Growth
This note describes the methodology applied for the computation of multi-factor productivity (MFP) measures.
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Note of Multi-Factor Measurement When Rates of Return are Exogenous
By Paul Schreyer (OECD).
Chapter 2, pp. 13-40 in W.E. Diewert, B.M. Balk, D. Fixler, K.J. Fox and A.O. Nakamura (2010), PRICE AND PRODUCTIVITY MEASUREMENT: Volume 6 -- Index Number Theory. Trafford Press. -
This paper examined productivity and growth accounting measures when rates of return to capital inputs are exogenously determined. Several hypotheses about competition on output markets and about technology are invoked, each of which is compatible with exogenous rates of return.
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OECD Capital Services Estimates: Methodology and a First Set of Results
by Paul Schreyer, Pierre-Emmanuel Bignon and Julien Dupont (OECD)
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.
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OECD Manual - Measuring Productivity: Measurement of Aggregate and Industry-Level Productivity Growth
The OECD Productivity Manual is the first comprehensive guide to the various productivity measures aimed at statisticians, researchers and analysts. The manual presents the theoretical foundations to productivity measurement and discusses implementation and measurement issues.
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Productivity by Industry
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Statistics
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Growth of Labour Productivity by Industry - Data derived from OECD Productivity by Industry Database
The OECD productivity by industry database provides productivity indicators to analyze the sources of economic growth at detailed level of activity across countries.
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Growth of Multi-factor Productivity by Industry - Data derived from OECD Productivity by Industry Database
The OECD productivity by industry database provides productivity indicators to analyze the sources of economic growth at detailed level of activity across countries. The estimates of MFP by industry are consistent with MFP computed at the aggregate level.
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Labour Productivity by Broad Economic Activity - Data derived from OECD System of Unit Labour Costs Indicators
Annual labour productivity series by broad economic activity (total economy, manufacturing, industry, construction, trade transport & communication, finance & business services, market services.
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STAN STructural ANalysis Database
The STAN database provides analysts and researchers with a comprehensive tool for analysing industrial performance at a relatively detailed level of activity across countries.
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Methodology
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Measuring Multi-factor Productivity by Industry : Methodology and first results from the OECD Productivity Database
This paper presents the methodology and data sources used in the PDBi. There are also first results on labour productivity and MFP by industry, and growth accounts. Finally, the document indicates how to access PDB and PDBi series.
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