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  • Measuring productivity – OECD Manual 2001

    "OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth" presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues.

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  • Measuring Capital - OECD Manual 2009

    The measurement of consumption of fixed capital remains a key reason for capital measurement but two additional objectives have increasingly gained in importance: establishing balance sheets for economic sectors and measuring capital services for the analysis of production and productivity.

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  • Compendium of Productivity Indicators 2018

    In this edition, the OECD highlights a decoupling between productivity growth and higher real average wages in many countries, resulting in continued declines in labour’s share of national income.

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What's new

Cross-country productivity gaps are smaller than we thought

International productivity gaps, 2016

International productivity gaps, 2016

10/12/2018 - A new OECD study finds differences in how countries measure labour input, particularly with regard to hours worked. The OECD Statistics Working Paper International productivity gaps: are labour input measures comparable? demonstrates that countries making no or minimal adjustments to average hours worked directly extracted from the primary source, such as self-reported hours actually worked in labour force surveys, systematically over-estimate labour input and, so, under-estimate labour productivity levels. In some countries, making these adjustments can lead to potential reductions in international productivity gaps with the United States of 10 percentage points.

 

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