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Multi-factor Productivity (experimental)

Summary

Type of release
a one-off release of a set of related datasets

Licence
UK Open Government Licence

Verification
automatically awarded

Release Date
10 December 2011
Modified Date
26 April 2014
Publishers
Office for National Statistics access2data@ons.gsi.gov.uk
Keywords
capital-deepening, compensation-of-employees, composition, disembodied-technical-change, economy, eu-klems, euklems, experimental, gdp-by-category-of-income, gross-operating-surplus, growth-accounting, gva-by-category-of-output, input, labour-composition, mfp, mixed-income, multi-factor-productivity, national-accounts, prices-output-and-productivity, productivity, productivity-measures, qali, quality-adjusted-labour-input, solow, solow-residual, supply-and-use-tables, tfp, total-factor-productivity, vics, volume-of-capital-services

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Description

Using a growth accounting framework, growth in output can be decomposed into the relative contributions of capital and labour inputs (in terms of both quantity and composition) as well as a residual component known as multi-factor productivity (MFP) or disembodied technical change. Source agency: Office for National Statistics Designation: Experimental Official Statistics Language: English Alternative title: MFP

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