OECD Compendium of Productivity Indicators 2016
The publication presents a comprehensive overview of recent and longer term trends in productivity levels and growth in OECD and some G20 countries. The statistics presented include measures of labour productivity, capital productivity and multifactor productivity, as well as indicators of international competitiveness.
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Unit labour costs
Unit labour costs (ULCs) reflect total labour costs relative to a volume of output. Hence, the growth in unit labour costs is often viewed as a broad measure of (international) price competitiveness of firms within a country.