International comparisons of productivity : an update to understanding revisions
Economic and Labour Market Review
2008
2
3
March
34-39
comparison ; international ; productivity ; statistics
Production management
https://link.springer.com/journal/41318/volumes-and-issues
English
Bibliogr.
"The UK's relative productivity performance has been revised (compared with the previous set of published results), following the update to the benchmarking exercise of prices across all Organisation for Economic Co-operation and Development countries in November 2007.Revisions in the international comparisons of productivity (ICP) estimates released in February 2008 predominantly reflect these new estimates of purchasing power parities (PPPs).This article provides an overview of the methodology used by the Office for National Statistics in constructing estimates of ICP and gives more detail to help users understand why the PPP data were revised and the impact this had on the latest published set of ICP estimates. "
Paper
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.