Measuring productivity

This paper discusses the main measurement issues in calculating productivity indicators, and provides guidance to researchers and statisticians in addressing these difficulties. It draws on the OECD Productivity Manual and on recent OECD work on productivity levels. The paper examines a range of iss...

Full description

Bibliographic Details
Main Author: Pilat, Dirk
Other Authors: Schreyer, Paul
Format: eBook
Language:English
Published: Paris OECD Publishing 2003
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 02060nma a2200253 u 4500
001 EB001833217
003 EBX01000000000000000999663
005 00000000000000.0
007 cr|||||||||||||||||||||
008 180616 ||| eng
100 1 |a Pilat, Dirk 
245 0 0 |a Measuring productivity  |h Elektronische Ressource  |c Dirk, Pilat and Paul, Schreyer 
246 2 1 |a Mesurer la productivité 
260 |a Paris  |b OECD Publishing  |c 2003 
300 |a 57 p 
653 |a Economics 
700 1 |a Schreyer, Paul 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
024 8 |a /10.1787/eco_studies-v2001-art13-en 
773 0 |t OECD Economic Studies 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/eco_studies-v2001-art13-en  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper discusses the main measurement issues in calculating productivity indicators, and provides guidance to researchers and statisticians in addressing these difficulties. It draws on the OECD Productivity Manual and on recent OECD work on productivity levels. The paper examines a range of issues related to the measurement of productivity growth, including the choice of output measure (gross output versus value added), the measurement of output, labour and capital input, as well as index number issues. It also discusses OECD estimates of productivity levels and the key measurement issues in deriving these estimates, including the appropriate conversion from one currency unit to another. A final section discusses the interpretation of productivity measures, including their most common applications and the possible pitfalls. The paper concludes that substantial progress has been made in recent years to improve the comparability of productivity statistics. In many countries, however, basic source data are still the key limitation to the development of comparable indicators of productivity. In addition, statisticians, researchers and policy makers need to be more aware of the appropriate uses and interpretation of productivity statistics