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  • 19-January-2023

    English

    Labour Market Situation, OECD - Updated: January 2023

    OECD employment and labour force participation rates stable at record highs in the third quarter of 2022

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  • 12-January-2023

    English, Excel, 226kb

    OECD Composite Leading Indicators (CLI) zone aggregation methodology

    This document describes the zone aggregation methodology for the eight indicators in the OECD Composite Leading Indicator (CLI) framework.

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  • 9-January-2023

    English

    Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates

    Statistics Working Paper N. 115 2023/1 - This paper discusses the sensitivity of capital and multifactor productivity (MFP) measurement to asset depreciation patterns and initial capital stock estimates.

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  • 9-January-2023

    English

    Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates

    This paper discusses the sensitivity of capital and multifactor productivity (MFP) measurement to asset depreciation patterns and initial capital stock estimates. Applying the same depreciation rates in the US as in other G7 countries would reduce the US net investment rate and net capital stock by up to one third and increase US GDP by up to 0.5%. Capital and MFP growth would be less affected. Estimating initial capital stocks often involves assuming constant investment growth, but this leads to unreliable results. Relying on average K/Y ratios across countries works well for the US, but this might not be the case for other countries due to the international dispersion in K/Y ratios. Two main recommendations for statistical agencies emerge from this analysis. First, they should regularly review asset depreciation patterns to ensure that measured differences across countries are well justified. Second, they should backcast investment series as much as possible before relying on stationarity assumptions to estimate initial capital stocks.
  • 13-December-2022

    English

    G20 GDP Growth - Third quarter of 2022, OECD

    G20 GDP bounces back in the third quarter of 2022

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  • 8-December-2022

    English, PDF, 238kb

    Methods note: Producing OECD quarterly air emission accounts

    Our estimates track emissions of CO2 and other GHGs that are released into the atmosphere. They are compiled for the Air Emissions Accounts (AEAs) of the System of Environmental-Economic Accounting (SEEA). We use the SEEA approach because it is consistent with international standards for compiling the national accounts, which makes it easier to monitor the impact of the economy on the environment.

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  • 25-November-2022

    English

    Conference on Macroeconomic Statistics for the Future

    On 10-11 November 2022, Eurostat and the United Nations Statistics Division organised a global conference on “Macroeconomic Statistics for the Future”at the Palais d’Egmont in Brussels. The conference was opened by Mariana Kotzeva, Director-General of Eurostat, and Stefan Schweinfest, Director of the UNSD.

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  • 24-November-2022

    English

    Why do deflators matter when looking at growth and economic well-being?

    Our news release on economic growth and well-being in the second quarter of 2022 showed real Household Disposable Income (HDI) per capita in the OECD declining by 0.5% while real Gross Domestic Product (GDP) per capita rose by 0.3%. The decrease in real HDI per capita was partly due to high inflation: increases in consumer prices were undermining household income in real terms.

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  • 22-November-2022

    English

    International trade statistics: trends in third quarter 2022

    G20 merchandise trade falls for the first time in two years in Q3 2022, while services trade growth slows further

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  • 21-November-2022

    English

    GDP Growth - Third quarter of 2022, OECD

    OECD GDP growth still sluggish at 0.4% in the third quarter of 2022

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