The ONS Productivity Handbook: A Statistical Overview and Guide

Preface from the National Statistician.<BR>Overview making ONS productivity material more accessible and coherent to its many users.<BR>Introduction defining productivity, its impact on economic and social policy and outlines of different productivity measures.<BR>The Framework for ONS Productivity Outputs ONS streams of work in productivity and statistics needed to measure and analyse productivity.<BR>Productivity Theory and Drivers key determinates of productivity growth and the growth accounting framework.<BR>Output Measures: UK National Accounts construction and comparison of measures of output, gross domestic product (GDP) and gross value added (GVA); industry analysis of output data.<BR>Input Measures: Labour and Capital ensuring consistency and enhancing analysis of input measures; two new ONS calculations for multifactor productivity: quality-adjusted labour input measures and volume index of capital services. <BR>Quality Adjustment practical issues for market and public sector quality adjustment.<BR>Productivity: Whole Economy and Multi-factor trends in UK productivity, measuring structural shifts in the economy and methodology and data used for multi-factor estimates.<BR>Productivity: Market Sector, Services and Industry experimental measures of market sector productivity, how market sector and service sector productivity fits together, key issues in measuring a service-dominated economy