Go to Statistics Portal

PRODUCTIVITY CHANGE

Statistics Directorate    
Definition:
Productivity change refers conceptually, the combined effects of changes in technical efficiency, allocative efficiency, disembodied technical change, and economies of scale. When measured residually, additional factors bear on the residual, in particular the rate of capacity utilisation and measurement errors.

Source Publication:
OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary.

Hyperlink:
http://www.oecd.org/dataoecd/59/29/2352458.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 20, 2001