Labour productivity measures from the ABI: 1998 to 2007
Economic & Labour Market Review, 2010, vol. 4, issue 5, 30-43
SUMMARYThis article presents current price labour productivity estimates using published data from the Annual Business Inquiry (ABI). The article updates the work of Goodridge (2007) and Daffi n and Lau (2002) in presenting estimates for the years 2006 and 2007. A new development presented in this article are constant price labour productivity measures which have been formulated using Producer Price Indices (PPI) and the experimental Services Producer Price Indices (SPPI) to deflate output. These enable a more accurate analysis of industry labour productivity trends over time. It is found that capital intensive industries generally exhibit both higher levels and growth in labour productivity over the sample period.
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