Productivity - Multifactor
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Source
Source Contact person/organisation Contact person/organisationFor further information, please refer to the OECD Productivity database internet page available at: http://www.oecd.org/statistics/productivity
For any questions or comments, please write to productivity.contact@oecd.org.
Statistical / analytical publication:
OECD Compendium of Productivity Indicators 2013: www.oecd.org/industry/oecd-compendium-of-productivity-indicators.htm
Last update: October 2013.
Data source(s) used Data source(s) usedOECD estimates.
Data Characteristics Data Characteristics Unit of measure used Unit of measure usedPer cent
Periodicity PeriodicityYearly, series are available from 1985
Population & Scope Population & Scope Statistical population Statistical populationThis dataset provides comparable rates of change of Multi-factor Productivity for the total economy, computed as the difference between the rate of change of output and the rate of change of total inputs; shares of compensation of labour input and of capital inputs in total costs for the total economy measured at current prices (compensation of labour input corresponds to the compensation of employees and self-employed persons and compensation of capital input is the value of capital services); and total inputs calculated as volume indices of combined labour and capital inputs for the total economy. The indices have been constructed as weighted averages 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 the U.S. Bureau of Economic Analysis, corrected for overall inflation in each country.
Geographic coverage Geographic coverage Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, the Netherlands, New Zealand, Portugal, Spain, Sweden, Switzerland, the United Kingdom and the United States.
Sector coverage Sector coverageTotal economy.
Other Aspects Other Aspects Recommended uses and limitations Recommended uses and limitationsThese data have been compiled for the purpose of international comparisons. They do not necessarily constitute the best source for analysis at the national level. Generally, national sources are to be preferred for single-country analysis.
Other comments Other comments Growth in Multi-factor productivity (MFP) has been significantly revised for some countries compared to data previously published in the OECD Productivity database. The revisions impacted mainly output and/or labour input at the whole economy level and reflect the implementation of the classification NACE Rev.2 by European countries into their national accounts, the change of reference year in some OECD member countries, alongside with the possible implementation of other methodological changes. These revisions should be taken into consideration when using these productivity indicators.
For further information, please refer to the OECD Productivity database internet page available at: http://www.oecd.org/statistics/productivity
For any questions or comments, please write to productivity.contact@oecd.org.
Statistical / analytical publication:
OECD Compendium of Productivity Indicators 2013: www.oecd.org/industry/oecd-compendium-of-productivity-indicators.htm
Last update: October 2013.
OECD estimates.
Per cent
Yearly, series are available from 1985
This dataset provides comparable rates of change of Multi-factor Productivity for the total economy, computed as the difference between the rate of change of output and the rate of change of total inputs; shares of compensation of labour input and of capital inputs in total costs for the total economy measured at current prices (compensation of labour input corresponds to the compensation of employees and self-employed persons and compensation of capital input is the value of capital services); and total inputs calculated as volume indices of combined labour and capital inputs for the total economy. The indices have been constructed as weighted averages 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 the U.S. Bureau of Economic Analysis, corrected for overall inflation in each country.
Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, the Netherlands, New Zealand, Portugal, Spain, Sweden, Switzerland, the United Kingdom and the United States.
Total economy.
These data have been compiled for the purpose of international comparisons. They do not necessarily constitute the best source for analysis at the national level. Generally, national sources are to be preferred for single-country analysis.
Growth in Multi-factor productivity (MFP) has been significantly revised for some countries compared to data previously published in the OECD Productivity database. The revisions impacted mainly output and/or labour input at the whole economy level and reflect the implementation of the classification NACE Rev.2 by European countries into their national accounts, the change of reference year in some OECD member countries, alongside with the possible implementation of other methodological changes. These revisions should be taken into consideration when using these productivity indicators.