Description |
1 online resource (49 pages) : color illustrations |
Series |
IMF working paper, 1018-5941 ; WP/15/48 |
|
IMF working paper ; WP/15/48.
|
Contents |
Cover Page; Title Page; Copyright Page; Contents; Tables; Figures; Appendix Figures; I. Introduction; II. Measuring Productivity in Traded and Non-Traded Sectors; III. Disaggregated Industry-Level Data; A. Price Level Indices and Exchange Rates; B. Value Added and Employment; 1. ISIC Rev. 3 Industry Classification Across Sources; 2. ISIC Rev. 4 Industry Classification Across Sources and Link to ISIC Rev. 3; 3. Data Sources for Value Added, Deflators and Employment by Country; IV. Constructing Productivity of Traded and Non-Traded Sectors |
|
A. Assigning Industries to Traded and to Non-Traded Sectors4. Industry Classification: Traded (T) or Non-Traded (N); B. Does Adjusting for Purchasing Power Parity (PPP) Matter?; 1. Price Levels of Traded and Non-Traded Sectors in 2005 (US GDP=1); 2. Ratio of PPP-adjusted to unadjusted ("Market") Productivity in 2005; 3. Productivity Differential Growth Rate, 1990-2012, unadjusted ("Mkt") and PPP-adjusted, %; V. Patterns in Traded and Non-Traded Sector Productivity; 5. Productivity of Traded and Non-Traded Sectors by Group of Countries; A. Differences in the Levels of Productivity |
|
4A. Traded Sector Productivity in 2005, th. USD PPP per worker4B. Non-Traded Sector Productivity in 2005, th. USD PPP per worker; 4C. Log Productivity Differential between Traded and Non-Traded Sector in 2005, %; 5. Evolution of Productivity in the Traded and Non-Traded Sectors (2005 = 100); B. Evolution of Productivity in the Traded and Non-Traded Sectors; VI. Conclusion; 6. Productivity in the Traded and Non-Traded Sectors, th. USD PPP per worker; A1. Productivity in the Traded Sector in 2005 PPP th. USD Across Alternative Industry Classifications |
|
A2. Productivity in the Non-Traded Sector in 2005 PPP th. USD Across Alternative Industry ClassificationsA3. Productivity Differential in 2005 PPP th. USD Across Alternative Industry Classifications; A4. Productivity in the Traded Sector in 2005 th. USD Across Alternative Industry Classifications; A5. Productivity in the Non-Traded Sector in 2005 th. USD Across Alternative Industry Classifications; A6. Productivity Differential Across Alternative Industry Classifications; References; Footnotes |
Summary |
This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989-2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP) U.S. dollars. To construct these series, we collect industry-level data from several sources, and classify individual industries as traded/non-traded using their ratio of exports to value added. Finally, we aggregate the industry data up to a traded sector and a non-traded sector, accordingly. This new dataset has two main advantages relative to existing datasets: (i) it defines more finely the traded/non-traded sectors, by drawing on much more disaggregated industry source data; and (ii) it allows for meaningful comparisons of the level of productivity across countries/sectors because sectoral productivity is adjusted by its own price level.--Abstract |
Notes |
"February 2015." |
|
"Research Department." |
Bibliography |
Includes bibliographical references (pages 16-17) |
Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed March 2, 2015).650 |
Subject |
Industrial productivity.
|
|
Purchasing power parity.
|
|
Performance technology.
|
|
Labor productivity.
|
|
Performance technology
|
|
Labor productivity
|
|
Industrial productivity
|
|
Purchasing power parity
|
Form |
Electronic book
|
Author |
Castillo Quinto, Marola.
|
|
International Monetary Fund. Research Department.
|
ISBN |
9781484319352 |
|
1484319354 |
|
1484392140 |
|
9781484392140 |
|