EU KLEMS Project
Workpackage 7: Analysis of Labour Productivity, Multifactor Productivity,
Prices and Industry Structure (24 months)
Analysis of major trends in labour productivity, multifactor productivity, price trends and levels in output and inputs, and industry structure and technology and innovation indicators.
Discuss analysis of trends in the light of Lisbon and Barcelona targets and additional policy objectives which may be set by the European Commission in due time.
Description of work
Drawing upon the EU KLEMS database (consisting of national data tables and meta-data) harmonized data tables will be developed for main analytical measures described above. In particular, and in addition to gross output based productivity, measures of value added-based productivity need to be developed for this workpackage. Technology and
innovation indicators need to derived and discussed in the light of the performance measures above.
Measure and describe sensitivity of the estimates to methodological assumptions and data reliability.
Subsequent analysis looks at the causes of the productivity slowdown, differences in growth trends at industry level, differences in levels of relative inputs and outputs, industry contributions to aggregate productivity, comparative
advantage and competitiveness, the impact of outsourcing on productivity contributions of suppliers in the supply chain, the interpretation of multifactor productivity in the light of analyzing the technology and innovation indicators. This analysis will compare performance of other countries, such as U.S., Canada and Japan. Medium term trend estimates of productivity growth are also included here.
Mary O'Mahony, NIESR
Mary O'Mahony and Bart van Ark (2005), Research Ideas for WP7 in the EU KLEMS project
Presentation Brussels Meeting 1 December 2005
| This project is funded by the European Commission, Research Directorate General as part of the 6th Framework Programme, Priority 8, "Policy Support and Anticipating Scientific and Technological Needs".
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Last changed on: 22 December 2004