Subtopic: Multi-factor Productivity

This article reports on a second survey of intangible assets, covering business expenditure on six categories of intangible assets and the life lengths of these assets.

This article presents new estimates of MFP to 2010. Key methodological changes since the last release are a change to the SIC(2007) industrial breakdown and revisions to the estimation of capital services.

Using a growth accounting framework, growth in output can be decomposed into the relative contributions of capital and labour inputs (in terms of both quantity and composition) as well as a residual component known as multi-factor productivity (MFP) or disembodied technical change. Article containing estimates for 1970 to 2009

Using a growth accounting framework, growth in output can be decomposed into the relative contributions of capital and labour inputs (in terms of both quantity and composition) as well as a residual component known as multi-factor productivity (MFP) or disembodied technical change.

Using a growth accounting framework, growth in output can be decomposed into the relative contributions of capital and labour inputs (in terms of both quantity and composition) as well as a residual component known as multi-factor productivity (MFP) or disembodied technical change.

Multi-factor productivity: estimates for 1997 to 2006