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.

Contents:
+ Executive summary 7

+ Reader's guide 9
- Why productivity matters 9
- Aim and content of the 2013 Compendium of Productivity Indicators 10
- Country, time and industry coverage 10
- Access to the underlying data 12

+ 1. Productivity, growth and convergence 13
- Growth in GDP per capita 14
- GDP per capita levels 16
- Labour productivity growth 18
- Alternative income measures 20

+ 2. Labour, capital and multifactor productivity 23
- Growth accounts 24
- The role of multifactor productivity 26
- Capital productivity 28

+ 3. Sector productivity 31
- Labour productivity by main activity 32
- Sector composition of total economy productivity 34
- Labour productivity of business sector services 36
- Sector composition of services productivity 38

+ 4. Productivity, trade and international competitiveness 41
- Unit labour costs 42
- International competitiveness 46
- Trade and productivity 48

+ 5. Productivity over the cycle 51
- Labour productivity growth – trend versus cycle 52
- Determinants of trend productivity growth 54
- Multifactor productivity over the cycle 62

+ Methodological annexes 65
- Annex A. The OECD Productivity Databases PDB and PDBi 66
- Annex B. Measuring hours worked 71
- Annex C. Capital input measures at the OECD 75
- Annex D. ISIC Rev.4 – a new classification for industrial statistics 80
- Annex E. Measuring producer prices and productivity growth in services 88

Website: OECD iLibrary http://www.oecd-ilibrary.org/

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