Productivity Measurement and Analysis

image of Productivity Measurement and Analysis

Productivity measurement and analysis are the main topics addressed in this book, which brings together contributions presented and discussed in two international workshops organized by the Statistics Directorate and the Directorate for Science, Technology and Industry (DSTI) of the OECD. The first workshop was organised jointly by the OECD with Fundaccion BBVA and the Instituto Valenciano de Investigaciones Económicas and held in Madrid in October 2005, and the second one was organized jointly by the OECD and the Swiss Federal Statistical Office and the State Secretary for Economic Affairs of Switzerland and held in Bern in October 2006. The two workshops brought together representatives of statistical offices, central banks and other branches of government in OECD countries that are engaged in the analysis and the measurement of productivity developments at aggregate and industry levels.


Infrastructures and New Technologies

as Sources of Spanish Economic Growth

The paper revises the impact of infrastructures and Information and Communications Technologies (ICT) on Spanish economic growth. It makes use of the Fbbva/Ivie capital services database recently released (Mas, Pérez and Uriel (2005)) which follows closely OECD (2001a, b) recommendations. The paper also addresses the problem posed by the presence of publicly owned assets, especially when implementing the endogenous approach to the internal rate of return determination. After offering an alternative to the standard approach, it carries out a growth accounting exercise considering explicitly three types of ICT capital assets (software, hardware and communications) and six different types of infrastructures (roads, ports, railways, airports, and water and urban infrastructures). 


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