Office of the Chief Economic Adviser
Telephone: +44 (0)1633 455981
Categories: Economy, Prices, Output and Productivity, Productivity Measures, Multi-factor Productivity, Quality-adjusted Labour Input, Volume of Capital Services, Output, National Accounts, GVA by Category of Output, GDP by Category of Income, Compensation of Employees, Gross Operating Surplus, Mixed Income, Supply and Use Tables
Frequency of release: Annually
Geographical coverage: UK
Geographical breakdown: UK
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.