Revisiting Recent Productivity Developments Across OECD Countries
- Topics:
- Organization
- Tags:
- Bank For International Settlements,
- Human Resources,
- OECD,
- Performance Management,
- Workforce Management
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Overview: This paper compares productivity developments across industrial countries based on official OECD (Organisation for Economic Co-operation and Development) data in the business sector. It discusses the uncertainties surrounding the measurement of both productivity levels and productivity growth, and then focuses on changes in productivity growth. The paper analyses labour productivity patterns and trends of Total Factor Productivity (TFP) across countries. The performance of the United States clearly stands out. In particular, the level of US labour productivity appears to be the highest among the major industrial countries and has been rising the fastest in the past. Despite substantial uncertainties surrounding these international comparisons, there is little doubt that the US performance has improved sharply in relative terms.
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Format: PDF | Size: 461KB | Date: Oct 2005 | Pages: 61
