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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 2019

    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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Low productivity jobs continue to drive employment growth

Labour productivity growth
GDP per hour worked, percentage rate at annual rate
Labour productivity growth in the OECD, GDP per hour worked, percentage rate at annual rate

29/04/2019 - Employment is rising in OECD countries but most jobs continue to be created in relatively low-productivity, low-wage activities, says a new OECD report.

The latest Compendium of Productivity Indicators says the trend has compounded the impact of generally weak business investment on productivity growth.

The downward pressure on wages may have allowed firms to defer investment decisions, instead meeting increased demand by hiring additional staff and, in turn, undermining the potential for investment-driven productivity growth, the report says.

 

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