Productivity Handbook
Statistics relating to productivity are vital to understanding the economy and how it changes. The ONS Productivity Handbook provides a reference source for everyone who uses ONS productivity measures to gain insight into the UK economy and its place in the world in the 21st Century, for example academics, policy makers and assessors, and economic analysts.
This Handbook brings together all ONS productivity measures and theories, and explaines how they are sourced and formulated. As such, it provides a valuable resource for anyone working on or studying how productivity is measured and influenced. The content reflects consultation with users of ONS statistics to ensure that it addresses important areas and issues within productivity analysis.
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Overview
Brief overview of the ONS Productivity Handbook
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Foreword by the National Statistician
Foreward to the ONS Productivity Handbook by Karen Dunnell
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Introduction
Introductory chapter providing a definition of productivity along with an explanation of how and why it is used
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ONS Framework for Productivity
ONS productivity outputs and streams of work
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Productivity Theory and Drivers
This chapter introduces the main determinants or drivers of productivity growth
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Output Measures: UK National Accounts
Outlines the Input-Output Supply and Use Tables as they are produced in the UK
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Input Measures: Labour and Capital
Considers the importance of consistency within productivity estimates
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Quality Adjustment
The practicality of issues encountered in quality adjustment
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Whole Economy and Multi-Factor
Judging productivity based on the entire economy and full range of factors
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Market Sector, Services and Industries
Discussing factor complications and complexities
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Public Service Productivity
Public expenditure and taxation
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Micro, or Firm Level, Productivity
On the use of virtual and computer-managed data
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Regional Productivity
Differences between regions
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International Comparisons of Productivity
The importance of the ICP
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The Way Forward
Looking into the future of productivity
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Glossary
Glossary of terms used in the ONS Productivity Handbook