Growth accounting in the new industry classification standard; SNI 2007 ─ a work in progress Saltsjöbaden 06-10-2011.

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Presentation transcript:

Growth accounting in the new industry classification standard; SNI 2007 ─ a work in progress Saltsjöbaden

What I am going to talk about What we have done and what we plan to do Some preliminary results Labour composition Industry differences for the whole period The average for all industries and goods and service industries

What is growth accounting? Growth in gross production -The weighted input of production factors Energy Material Services Labour service including quality Capital service =Multifactor productivity

That we have done so far The data we have in the new industry classification; Gross production Value added Worked hour Labour quality Constructed data Capital Preliminary years

That we plan to do Capital ICT-capital More developed use of the preliminary years Labour quality for preliminary years based on the Labour force survey

Some preliminary results Labour composition Industry difference for the whole period Development for the average industry

Labour composition How the market value those who work in the private sector Age Ethnicity Educational level Educational orientation However not two sexes

Labour input : Age distribution

Labour input : Ethnicity distribution

Labour input Education distribution

Labour quality : Age groups

Labour quality Education groups

GP average yearly growth rate Industry differences

Labour contribution to GP growth, average yearly growth rate

Capital contribution to GP growth, average yearly growth rate

MFP contribution to GP growth, average yearly growth rate

Growth pattern for

It is necessary to aggregate We do not have weighted means yet We use unweighted means instead For all industries Goods industries Service industries This means that the result are representative for the average industry but it is not the industry average

Decomposition of the GP growth

Decomposition of the EMS growth

GP growth

Labour contribution to the GP-growth

MFP contribution to the GP-growth

The relation between R&D 2007 and MFP-growth

That was all for now Thanks for listening So now we have to continue our work

EMS contribution to the GP-growth

Capital contribution to the GP-growth