OECD Compendium of Productivity Indicators 2013

image of OECD Compendium of Productivity Indicators 2013

Productivity is a key source of economic growth and competitiveness and, as such, we need internationally comparable measures for assessing economic performance. The OECD Compendium of Productivity Indicators 2013 presents a comprehensive overview of recent and longer term trends in productivity levels and growth in OECD countries. It also highlights some of the key measurement issues faced when compiling cross-country comparable productivity indicators.



Executive Summary

Four years after the start of the financial crisis, GDP growth in the OECD area is beginning to gradually strengthen. Nevertheless, the pace has varied across countries and a sustainable recovery does not appear to have yet been established, with several OECD countries facing the challenge of slower trend growth. A good understanding of the role and the drivers of productivity growth is thus crucial to strengthening the recovery and improving growth and living standards in the longer term. The OECD Compendium of Productivity Indicators provides the ingredients for this by examining both longer term trends of productivity and how the crisis has affected patterns of productivity growth and its components across countries.


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