measuring productivity

christian a. gregory pearl862 at earthlink.net
Wed Sep 1 08:44:02 PDT 1999


OECD Economic Outlook reports that, depending on which measurments you use, labor productivity growth in the U.S. could be as low as 1.0% or as high as 1.9%. They say you can measure output for these calculations by both an income and and expenditure measure. How do they account for the differences in the two measurments? Likewise, there's an establishment and household account of employment, and they are different. Do they have a way to account for statistical discrepancies in these figures?

Christian



More information about the lbo-talk mailing list