
The OECD Compendium of Productivity Indicators presents a broad overview of recent and longer term trends in productivity levels and growth in OECD countries. It highlights the key measurement issues faced when compiling cross-country comparable productivity indicators and describes the caveats needed in analyses. It examines the role of productivity as the main driver of economic growth and convergence, and the contributions of labour, capital and MFP in driving economic growth. It looks at the contribution of individual industries or sectors. It explores the link between productivity, trade and international competitiveness. And it analyses the trend as compared to the cyclical patterns of labour and multifactor productivity growth.