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| Jun.2003 | Jun.2004 | Jun.2005 |
Table 22. PRODUCTIVITY IN THE MARKET SECTOR(a) | | | |
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Indexes of productivity and related measures(b) |
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Productivity indexes | | | |
Labour productivity(c) | | | |
Hours worked | 97.3 | 100.4 | 100 |
Quality adjusted hours worked(d) | 97.9 | 100.7 | 100 |
Capital productivity(e) | 102 | 102 | 100 |
Multifactor productivity(f) | | | |
Hours worked | 99.3 | 101.1 | 100 |
Quality adjusted hours worked(d) | 99.7 | 101.3 | 100 |
Output measures | | | |
GDP-market sector(g) | 93.2 | 97.5 | 100 |
Input measures | | | |
Labour services | | | |
Hours worked | 95.7 | 97.1 | 100 |
Quality adjusted hours worked(d) | 95.2 | 96.8 | 100 |
Capital services(g) | 91.3 | 95.5 | 100 |
Total inputs | | | |
Hours worked | 93.8 | 96.4 | 100 |
Quality adjusted hours worked(d) | 93.5 | 96.3 | 100 |
Capital-labour ratio | | | |
Hours Worked | 95.4 | 98.4 | 100 |
Quality adjusted hours worked(d) | 95.9 | 98.7 | 100 |
Percentage changes to productivity indexes(b) | | | |
Productivity indexes | | | |
Labour productivity(c) | | | |
Hours worked | 1.8 | 3.2 | -.4 |
Quality adjusted hours worked(d) | 1.6 | 2.8 | -.7 |
Capital productivity(e) | -.1 | 0 | -2 |
Multifactor productivity(f) | | | |
Hours worked | 1 | 1.8 | -1.1 |
Quality adjusted hours worked(d) | .9 | 1.6 | -1.2 |
Growth accounting analysis - Contributions to growth | | | |
Output growth(h) | 3.3 | 4.6 | 2.6 |
Contribution of output growth (MFP - Hours worked basis)(c) | | | |
Capital services | 1.4 | 2 | 2 |
Hours worked | .9 | .8 | 1.7 |
Multifactor productivity - hours worked basis | 1 | 1.8 | -1.1 |
Contribution of output growth (MFP - Quality adjusted hours | | | |
worked basis)(c) | | | |
Capital services | 1.4 | 2 | 2 |
Hours worked | .9 | .8 | 1.7 |
Labour composition(d) | .1 | .2 | .1 |
Multifactor productivity - hours worked basis(d) | .9 | 1.6 | -1.2 |
n.r. not recorded |
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(a) Anzsic divisions A to K and P. See Glossary-Market sector. | | | |
(b) Reference year for indexes is 2004-05 = 100.0. | | | |
(c) Gross domestic product per unit of labour input. | | | |
(d) Experimental estimates. | | | |
(e) Gross domestic product per unit of capital services | | | |
(f) Gross domestic product per combined unit of labour and capital. | | | |
(g) Chain volume measures. Reference year is 2004-05. | | | |
(h) Growth in chain volume GDP for the market sector. | | | |
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