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Growth accounting in the new industry classification standard; SNI 2007 ─ a work in progress. Saltsjöbaden 06-10-2011. 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
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Growth accounting in the new industry classification standard; SNI 2007 ─ a work in progress • Saltsjöbaden 06-10-2011
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 1993-2010 • 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
GP average yearly growth rate 1993-2010 Industry differences
GP average yearly growth rate 1993-2010 Industry differences
GP average yearly growth rate 1993-2010 Industry differences
Labour contribution to GP growth, average yearly growth rate 1993-2010
Labour contribution to GP growth, average yearly growth rate 1993-2010
Labour contribution to GP growth, average yearly growth rate 1993-2010
Capital contribution to GP growth, average yearly growth rate 1993-2010
Capital contribution to GP growth, average yearly growth rate 1993-2010
Capital contribution to GP growth, average yearly growth rate 1993-2010
MFP contribution to GP growth, average yearly growth rate 1993-2010
MFP contribution to GP growth, average yearly growth rate 1993-2010
MFP contribution to GP growth, average yearly growth rate 1993-2010
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
That was all for now Thanks for listening So now we have to continue our work