Latest Documents

Has the labour share declined? It depends

Statistics Working Paper N. 77, 2017/1 - We revisit the issue of how best to measure the labour and capital shares in OECD economies, distinguishing between production- and income-based perspectives. The former adopts a producer perspective with gross income as a reference: it uses a production function in a market setting.

Measuring GDP in a digitalised economy

Statistics Working Paper N. 73, 2016/7 - Recent years have seen a rapid emergence of new disruptive technologies with new forms of intermediation, service provision and consumption, with digitalisation being a common characteristic. These include new platforms that facilitate Peer-to-Peer transactions, such as AirBnB and Uber, new activities such as crowd sourcing,...

New OECD indicators trace productivity growth slowdown pre- and post- crisis

Productivity growth – the central driver of rising economic output and material living standards – has been slowing in many advanced and emerging economies in the wake of the crisis, according to new data released today in the OECD Compendium of Productivity Indicators.

OECD Workshop on Productivity, 5-6 November 2012, Paris

The aim of this OECD workshop on productivity is to examine the role of productivity for growth, including in recovering from the crisis; explore key measurement challenges; assess the determinants of productivity growth and explore the role of policies in shaping productivity performance across countries.

Measuring the evolution of Korea's material living standards, 1980-2010

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

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.

Towards measuring the volume output of education and health services: a handbook

Statistics Working Paper N. 31 - 2010/2 - The measurement of volumes of health and education services constitutes a challenge for national accountants and price statisticians. In the past, such services have typically been measured by the inputs used to provide them but such an approach neglects any productivity changes in service provision. An increasing number of countries is now working towards output-based measures of the volume

Measuring Capital - OECD Manual 2009 - Second edition

The real economy and the crisis: revisiting productivity fundamentals

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

Productivity Measurement and Analysis