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

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Presentation on theme: "Growth accounting in the new industry classification standard; SNI 2007 ─ a work in progress Saltsjöbaden 06-10-2011."— Presentation transcript:

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

2 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

3 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

4 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

5 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

6 Some preliminary results Labour composition Industry difference for the whole period 1993-2010 Development for the average industry

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

8 Labour input 1993-2008: Age distribution

9 Labour input 1993-2008: Ethnicity distribution

10 Labour input 1993-2008 Education distribution

11 Labour quality1993-2008 : Age groups

12 Labour quality1993-2008 Education groups

13 GP average yearly growth rate 1993-2010 Industry differences

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16 Labour contribution to GP growth, average yearly growth rate 1993-2010

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19 Capital contribution to GP growth, average yearly growth rate 1993-2010

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22 MFP contribution to GP growth, average yearly growth rate 1993-2010

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25 Growth pattern for 1993-2010

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27 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

28 Decomposition of the GP growth 1993-2007

29 Decomposition of the EMS growth 1993-2007

30 GP growth1993-2010

31 Labour contribution to the GP-growth

32 MFP contribution to the GP-growth

33 The relation between R&D 2007 and MFP-growth 1993-2010

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

36 EMS contribution to the GP-growth

37 Capital contribution to the GP-growth


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