Multifactor Productivity: Interactive Tool

Data

The data used to create this interactive web application is from the following listed data tables:

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Additional information

Industry names

Table 1
Industry names
Table summary
This table displays the results of Industry names. The information is grouped by NAICS (appearing as row headers), Abbreviation (appearing as column headers).
NAICS Abbreviation
Business sector Bus
Agriculture, forestry, fishing and hunting Agri
Mining and oil and gas extraction MOG
Utilities Util
Construction Cons
Manufacturing Manu
Wholesale trade Whol
Retail trade Reta
Transportation and warehousing Trans
Information and cultural industries Info
Finance, insurance, real estate and renting and leasing FIREL
Professional, scientific and technical services Prof
Other services OthX
Administrative and support, waste management and remediation services Admin
Arts, entertainment and recreation Arts
Accommodation and food services Accom
Other private services Oth
Business sector, goods, special aggregation Goods
Business sector, services, special aggregation Servs
Non-durable manufacturing, special aggregation Ndur
Durable manufacturing, special aggregation Dur
Variable definitions

Table 2
Variable definitions
Table summary
This table displays the results of Variable definitions. The information is grouped by KLEMS variables (appearing as row headers), Abbreviation and Definition (appearing as column headers).
KLEMS variables Abbreviation Definition
Multifactor productivity MFP Multifactor productivity measures the efficiency with which all inputs are used in production. It is the ratio of real gross domestic product (GDP) to combined labour and capital inputs.
Labour productivity L Prod Labour productivity is measured as real gross domestic product (GDP) per hours worked. It shows the time profile of how productively labour is used to generate value-added. Changes in value-added-based labour productivity reflect the joint influence of capital, skill upgrading, and overall productive efficiency.
Capital productivity K Prod Capital productivity is measured as real gross domestic product (GDP) per unit of capital services.
Real gross domestic product GDPr Real gross domestic product (GDP) (or real value-added) is a chained Fisher quantity index of gross domestic product (GDP) at basic prices.
Labour input L Input Labour input is obtained by chained-Fisher aggregation of hours worked of all workers, classified by education, work experience, and class of workers (paid workers versus self-employed and unpaid family workers) using hourly compensation as weights.
Hours worked Hours The number of hours worked in all jobs is the number of all jobs times the annual average hours worked in all jobs. According to the retained definition, hours worked means the total number of hours that a person spends working, whether paid or not. In general, this includes regular and overtime hours, breaks, travel time, training in the workplace and time lost in brief work stoppages where workers remain at their posts. On the other hand, time lost due to strikes, lockouts, annual vacation, public holidays, sick leave, maternity leave or leave for personal needs are not included in total hours worked.
Labour composition L Comp Labour composition is the ratio of labour input to hours worked. Changes in labour composition reflect the shifts in the educational attainment and work experience of the workforce.
Labour input of workers with primary or secondary education High School Labour input of workers with primary or secondary education is obtained by chained-Fisher aggregation of hours worked of those workers, classified by work experience, and class of workers (paid workers versus self-employed and unpaid family workers) using hourly compensation as weights.
Labour input of workers with some or completed post-secondary certificate or diploma Post Secondary Labour input of workers with some or completed postsecondary certificate or diploma is obtained by chained-Fisher aggregation of hours worked of those workers, classified by work experience, and class of workers (paid workers versus self-employed and unpaid family workers) using hourly compensation as weights. Workers with some or completed postsecondary certificate or diploma include those who attended university but did not obtain a Bachelor's degree.
Labour input of workers with university degree or above University Labour input of workers with university degree or above is obtained by chained-Fisher aggregation of hours worked of those workers, classified by work experience, and class of workers (paid workers vs. self-employed and unpaid family workers) using hourly compensation as weights.
Capital input K Input Capital input measures the services derived from the stock of fixed reproducible business assets (equipment and structures), inventories, and land. It is obtained by chained-Fisher aggregation of capital stocks using the cost of capital to determine weights.
Capital stock K Stock Capital stocks for fixed reproducible assets are estimated using the perpetual inventory method that assumes that investments follow geometric depreciation patterns. Capital stocks for inventories and land are measured by methods other than the perpetual inventory method.
Capital composition K Comp Capital composition is the ratio of capital input to capital stock. Capital composition increases as investment shifts towards assets with short lived assets (such as equipment) that provide more capital services per dollar of capital stock, and away from long lived assets (such as office buildings).
Capital input of information and communications technologies ICT Capital input of information and communications technologies measures the services derived from computer hardware, software and telecommunication equipment. It is obtained by chained-Fisher aggregation of those assets using the cost of capital to determine weights.
Capital input of non-information and communications technologies Non-ICT Capital input of non-information and communications technologies measures the services derived from assets other than computer hardware, software and telecommunication equipment. It is obtained by chained-Fisher aggregation of those assets using the cost of capital to determine weights.
Combined labour and capital inputs K and L Input Combined labour and capital inputs are obtained by chained-Tornqivst aggregation of labour and capital input using cost shares of labour and capital as weights.
Labour compensation of workers with primary or secondary education Compensation - High School Compensation of workers with primary or secondary education including wages, salaries and supplementary labour income.
Labour compensation of workers with some or completed post-secondary certificate or diploma Compensation - Post Secondary Compensation of workers with some post-secondary education or a completed post-secondary certificate or diploma including wages, salaries and supplementary labour income.
Labour compensation of workers with university degree or above Compensation - University Compensation of workers with a minimum of an undergraduate degree including wages, salaries and supplementary labour income.
Capital cost of information and communications technologies K Cost ICT Rental value of ICT assets. This is a portion of Gross operating surplus.
Capital cost of non-information and communications technologies K Cost Non-ICT Rental value of non-ICT assets. This is a portion of Gross operating surplus.
Contribution of capital intensity to labour productivity growth Ctg K Intensity Contribution of capital intensity to labour productivity growth is calculated as the growth in capital services per hour times capital's share of total costs. It reflects the effects of capital investment on labour productivity growth.
Contribution of labour composition to labour productivity growth Ctg L Composition Contribution of labour composition to labour productivity growth is calculated as the growth rate of labour composition times labour's share of total costs. It reflects the effects on labour productivity growth of skill upgrading as measured by increases in the experience and education composition of the workforce.
Gross domestic product GDP Gross domestic product (GDP) is valued at basic prices. It is calculated as gross output at basic prices minus intermediate inputs at purchaser prices. Data on gross domestic product (GDP) are available up to the most current year of the input-output table.
Labour compensation Compensation Labour compensation consists of all payments in cash or in kind made by domestic producers to workers for services rendered - in other words, total payroll. It includes the salaries and supplementary labour income of paid workers, plus an imputed labour income of self-employed workers. Data on labour compensation are available up to the most current year of the input-output table.
Capital cost K Cost Capital cost represents the surplus-profits, depreciation, rent, and net interest-intended as compensation to the owners of capital. It is calculated as nominal gross domestic product (GDP) at basic prices minus labour compensation. Data on capital income are available up to the most current year of the input-output table.

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