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.


The Role of ICT on the Spanish Productivity Slowdown

Spain and most of the rest of the European Union (EU) countries have experienced a productivity slowdown since the middle of the nineties. During the same period, the United States (US) showed an upsurge of productivity that lasted until now. Information and Communication Technologies (ICT) were soon identifi ed as a major force in the reversal of the productivity slowdown in the US63. In contrast, no strong evidence in this direction is still available for most of the EU countries. Many studies concentrate on the aggregate behaviour –referring either to total output or to business sector output. However, it became soon evident that at least a distinction should be drawn between ICT producing sectors and the rest of the economy. Particularly, for those countries without a strong ICT production sector, the classifi cation of the different industries according to the intensity of their ICT use was a great step forward.


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