{"id":21861,"date":"2016-11-02T00:00:00","date_gmt":"2016-11-01T23:00:00","guid":{"rendered":"http:\/\/nuovowww.collaudo.istat.it\/non-categorizzato\/productivity-statistics-years-1995-2015\/"},"modified":"2024-06-08T21:44:05","modified_gmt":"2024-06-08T19:44:05","slug":"productivity-statistics-years-1995-2015","status":"publish","type":"post","link":"https:\/\/www.istat.it\/en\/press-release\/productivity-statistics-years-1995-2015\/","title":{"rendered":"Productivity statistics"},"content":{"rendered":"<p>Istat releases productivity statistics for the period 1995-2015. The productivity series are coherent with the results of the latest release of national accounts.<\/p>\n<p>Labour productivity in the measured sector fell by 0.3% in 2015, as value added increased by 0.9% and hours worked increased by 1.1%. In the same year capital productivity rose by 1.9%, as capital input fell by 1.0%, and multifactor productivity increased by 0.4% as the combined inputs of capital and labour grew less than value added (+0.5%).<\/p>\n<p>The decrease in labour productivity in 2015 was accounted for by a fall in capital deepening (i.e. a reduction of capital input relative to labour input) which contributed -0.7 percentage points, with total factor productivity contributing for +0.4 percentage points.<\/p>\n<p>Over the entire period 1995-2015, average annual growth rate in value added was 0.5%. Labour productivity rose by 0.3% due to labour input (0.2%) increasing by less than the growth in value added. In the same period capital input (+1.5%) and the combined inputs of capital and labour (0.6%) rose more than value added and both capital productivity and total factor productivity fell (respectively -0.9% and -0.1%).<\/p>\n<p>The growth in labour productivity in 1995-2015 was driven only by capital deepening, which contributed +0.4 percentage points, with total factor productivity contributing for -0.1 percentage points. Tangible non-ICT capital contributed 0.3 percentage points, while intangible non-ICT capital (mainly research and development) and ICT capital (i.e computer hardware, communications equipment and computer software) both contributed 0.1 percentage points.<\/p>\n<p>Over the last cycle (2009-2013) value added decreased by 0.4% on average. Labour productivity, capital productivity and total factor productivity all rose (respectively by 1.1%, 0.1% and 0.8%) due to hours worked, capital input and the the combined inputs of capital and labour all decreasing more than value added (respectively -1.5%, -0.5% and -1.2%).<\/p>\n<p>The growth in labour productivity in 2009-2013 was mainly driven by total factor productivity, which contributed 0.8 percentage points, with capital deepening contributing for 0.3 percentage points.<\/p>\n<p><strong>For information:<\/strong><br \/>\nMassimiliano Iommi<br \/>\nPh. +39 06 4673.3161<br \/>\n<a href=\"mailto:iommi@istat.it\">iommi@istat.it<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Istat releases productivity statistics for the period 1995-2015. The productivity series are coherent with the results of the latest release of national accounts. Labour productivity [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3301,3334,2969,3415],"regione":[],"tema":[4065],"class_list":["post-21861","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-hours-worked","tag-productivity","tag-report","tag-value-added","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"20161102","descrizioneperiodo":"Years 1995-2015","titolobreve":"Productivity statistics","news":"In 2015 total factor productivity up by 0.4% and labour productivity down by 0.3% y-o-y","news_rss":"Istat releases productivity statistics for the period 1995-2015. The productivity series are coherent with the results of the latest release of national accounts.\nLabour productivity in the measured sector fell by 0.3% in 2015, as value added increased by 0.9% and hours worked increased by 1.1%. In the same year capital productivity rose by 1.9%, as capital input fell by 1.0%, and multifactor productivity increased by 0.4% as the combined inputs of capital and labour grew less than value added (+0.5%).\nThe decrease in labour productivity in 2015 was accounted for by a fall in capital deepening (i.e. a reduction of capital input relative to labour input) which contributed -0.7 percentage points, with total factor productivity contributing for +0.4 percentage points.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3301,"label":"hours worked","slug":"hours-worked"},{"id":3334,"label":"productivity","slug":"productivity"},{"id":2969,"label":"statistics report","slug":"report"},{"id":3415,"label":"value added","slug":"value-added"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/21861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=21861"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/21861\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=21861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=21861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=21861"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=21861"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=21861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}