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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.

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International Comparisons of Levels of Capital Input and Multi-Factor Productivity

International comparisons of levels of labour and capital inputs, outputs and productivity tend to receive a great deal of attention because they respond directly to policy-makers’ and analysts’ interest in measuring competitiveness, economic well-being of countries’ inhabitants and the intensity by which resources are used. Generally, such level comparisons are more diffi cult to put in place than comparisons of growth rates: data sources are more susceptible to problems of international comparability (Ahmad et al. 2004), and spatial price indices are required to account for differences in the levels of input or output prices. 

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