Measuring Productivity - OECD Manual
Measurement of Aggregate and Industry-level Productivity Growth
- Publication Date :
- 16 July 2001
- Pages :
- 156
- ISBN :
- 9789264194519 (PDF) ; 9789264187375 (print)
- DOI :
- 10.1787/9789264194519-en
The OECD Measuring Productivity Manual is the first comprehensive guide to the various productivity measures aimed at statisticians, researchers and analysts involved in constructing industry-level productivity indicators.
This Manual presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues. The text is accompanied by empirical examples from OECD countries and by numerical examples to enhance its readability. The Manual also offers a brief discussion of the interpretation and use of productivity measures.
Table of Contents
1. Introduction
-Objectives
-Coverage and Structure of this Manual
2. Overview of Productivity Measures
-Purposes of Productivity Measurement
-Main Types of Productivity Measures
-A Short Guide to Some Productivity Measures
-Growth Accounting and Main Assumptions Underlying the Conceptual Frameworks
-Some Conclusions
--Use and Interpretation of Productivity Measures
--Challenges for Statisticians
3. Output
-Gross-Output and Value-Added Based Productivity
--Definitions
--Production Functions, Gross Output, and Value Added
--Intra-Industry Flows of Products
-Depreciation
-Quantity Measures of Output
--Deflation of Value-Added
--The Need for Independent Estimates
--Quality Change and New Products
-Statistical Sources and Statistical Units
4. Labour Input
-Choice of Units
-Statistical Sources
-Measuring Hours Worked
-Labour Compensation and Labour Shares
-Accounting for Different Types of Labour Input
5.Capital Input
-Introduction
-Overview
-Measurement of the Productive Stock and of Capital Services
-Measurement of User Costs
--Age-Price Profiles, Net Stock, and Depreciation
--Nominal Rate of Return and Capital Gains/Losses
-Aggregation Across Assets
-Capital Utilisation
-Scope of Capital Investments
6. Intermediate Input and Valuation
-Input-Output Tables
-Valuation