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Statistical processing

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National Accounts, Economic Statistics
Magnus B. Eriksen
+45 29 12 27 56

mbe@dst.dk

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Productivity

Labor productivity is defined as the real value of Gross value added (GVA) per hour worked. The calculations are based on figures from market activity from national accounts, i.e. the total economy excluding the sectors: General government (S.13) and NPISH (S.15). The sources used for calculating the productivity growth is fixed capital, Labor force education statistics and sector account figures for Gross value added and hours worked.

Source data

The sources used for calculating labor productivity (LP) are sector figures from the national accounts on Gross value added and hours worked.

The sources used for calculating the productivity growth (the causes of the growth in LP) is the above, fixed capital and statistics of education. For the computation of KLEMS we use data from the input-output tables to split intermediate comsumption into energy, materials and services.

Frequency of data collection

Annual.

Data collection

Not relevant for this statistics.

Data validation

The sources for the statistic have been published before they are received and therefore they have already been validated. When the sources are received they are compared to the numbers already published.

Data compilation

The data compilation is conducted on the most detailed level. Labor productivity is computed by 117 industries in the Industry classification in the Danish National Accounts and Productivity is computed by 69 industries. Labor productivity is defined as the real value of Gross value added (GVA) per hour worked. The calculations are based on figures from market activity from national accounts, i.e. the total economy excluding the sectors: General government (S.13) and NPISH (S.15). The Total is however based on figures for the total economy.

The growth in Labor productivity is derived from contributions from four sources:

  • It-capital deepening (computed with figures from the capital stock)
  • Non-it capital deepening (computed with figures from the capital stock)
  • Educational level (computed with figures from labor force education statistics)
  • Total factor productivity (computed residually when Labor productivity and the three above numbers are computed)

The KLEMS method is based on output per hour worked and is therefore derived from contributions from the above four sources (calculated in another way than by the GVA-method above) and the three sources below (computed with figures from the input-output tables):

  • Intermediate consumption of Energy
  • Intermediate consumption of Materials
  • Intermediate consumption of Services

Adjustment

Normally no corrections to data are made.