Chart 1 Value added1 per hour worked

Slides:

Advertisements

Similar presentations

Multifactor productivity and drivers of Growth at industry level, The Danish Case Martin Junge Thomas V. Pedersen.

Advertisements

Norges Bank 1 Economic perspectives Charts Address by Governor Svein Gjedrem at the meeting of the Supervisory Council of Norges Bank on Thursday, 15 February.

Inflation Report February 2015 Output and supply.

MPU 2010: Figure 01. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank Note. The uncertainty bands for the repo.

Inflation Report August Output and supply Chart 3.1 GDP and sectoral output (a) (a)Chained-volume measures. GDP is at market prices. Indices of.

Chart 1 Comparison of the RN series for quarterly growth in output (aggregated, building and construction and services, index, right-hand scale) with trend-adjusted.

The Industry Sources of Australia’s Productivity Slowdown Hui Wei Pengfei Zhao Australian Bureau of Statistics.

Economic developments in the euro area Euro Area Macroeconomic Developments Division Frankfurt am Main 1 October 2009.

Annual Meeting of the Canadian Economics Association Laval University Quebec, Quebec Saturday, May 29, 2010 Productivity Performance and Government Policy.

GDP growth and resource utilisation Saltsjöbaden 6 October 2011 First Deputy Governor Svante Öberg.

The Economy. Constant-price GDP and Quarterly % Change Source: Office for National Statistics.

Chart 1 Household net fixed investment, net lending and saving. Percentage of disposable income ) Net fixed investment less net capital transfers.

Evaluation of Norges Bank’s projections for 2008 By Bjørn E. Naug Charts from the article in Economic Bulletin 1/09.

Chapter 24 Measuring Domestic Output and National Income

Inflation Report November Costs and prices.

Chart 1. Long-term interest rates Per cent Source: EcoWin.

Inflation Report May Costs and prices Chart 4.1 Market beliefs about oil prices six and twelve months ahead (a) Sources: Bank of England, Bloomberg.

Norwegian economy By Per-Kristian Foss Member of the Norwegian Parliament The Conservative Party Parliamentary Group.

Inflation Report May 2012 Costs and prices. Chart 4.1 Contributions to CPI inflation (a) (a) Contributions to annual CPI inflation. Data are non seasonally.

Inflation Report February 2013 Output and supply.

Monetary Policy Update September Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank Note. The uncertainty.

Inflation Report February Output and supply.

Inflation Report May Costs and prices Chart 4.1 Contributions to CPI inflation (a) (a) Contributions to annual (non seasonally adjusted) CPI inflation.

Economic perspectives, annual address 2009 Economic Bulletin1/09.

Inflation Report August Output and supply Chart 3.1 Contributions to quarterly GDP growth (a) (a) Chained-volume measures. The GDP series is at.

MPU September Figures Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank Note. The uncertainty.

Definition of Time Series: An ordered sequence of values of a variable at equally spaced time intervals. The variable shall be time dependent.

PPR 2008: Figure 1. Repo rate with uncertainty bonds Per cent, quarterly averages Source: The Riksbank.

MPR 2009 February Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank.

Norges Bank 1 Executive Board meeting 26 May 2004.

Euro area economic situation and the foundations for growth Euro Summit 14 March 2013.

Inflation Report February Output and supply.

1 Defining Economic Growth Economic growth: an increase in Real GDP. Small changes in rates of growth  Big changes over many years Compound Growth Rule.

Norges Bank 1 Chart 1 Norwegian commercial fleet Thousand gross tons Source: Statistics Norway.

MPR 2008: Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank.

Chapter 13. Some b usiness cycle facts ECON320 Prof Mike Kennedy.

Inflation Report May Output and supply Chart 3.1 GDP at market prices (a) Sources: ONS and Bank calculations. (a) Chained-volume measures. The.

7. Aggregate Demand and Supply and Macroeconomic Problems.

MPR 2008: Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank.

Inflation Report February Demand Chart 2.1 Consumer spending (a) (a) Chained volume measure.

Productivity vs hours growth Presentation based on: F.Daveri, “Labor productivity growth in Europe: an update”, background paper for the Seventh CEPS Macroeconomic.

Economic Bulletin 1/09 Macroeconomic shocks – effects on employment and labour supply Haakon Solheim.

Charts for boxes and appendices in IR 2/2004. Charts for boxes and appendices.

Inflation Report February Output and supply.

Inflation Report May Output and supply Chart 3.1 Whole-economy GDP (a) (a) Chained volume measures. Annual growth of GDP at basic prices for 2005.

Inflation Report August 2011 Output and supply. Chart 3.1 GDP and sectoral output (a) (a)Chained-volume measures. GDP is at market prices. Indices of.

IDEAS 10 th Anniversary Conference Surajit Mazumdar Session on: Is Decoupled Growth Possible? 25 January 2012.

Inflation Report November Output and supply.

Norges Bank Annual address Norges Bank Chart 1. Developments in GDP and interest rates year bond yield Key rate GDP Sources: Statistics.

Transformation – results © Libor Žídek. Economic growth in Czechoslovakia , and trend line.

Inflation Report November Demand Chart 2.1 Contributions to quarterly household consumption growth(a) (a) Chained volume measures.

Understanding Canada’s ICT Investment Shortfall Andrew Sharpe Executive Director, Centre for the Study of Living Standards One-Day Workshop: “Firms and.

Economic Overview April Production Productivity Employment, working hours Inflation, output prices Wages, unit labour cost Trade balance Outline.

Inflation Report February Costs and prices.

Inflation Report February Output and supply.

Inflation Report February Demand Chart 2.1 Nominal demand (a) (a) At current market prices.

Part A: Global Environment

Part A: Global environment

Executive Board meeting 1 July 2004

Barbro Wickman-Parak, 3 October 2007

1. The functioning of the financial markets is continuing to improve TED spread, basis points Note. TED spread is calculated as the difference between.

How Canada Compares Internationally

6 Measuring Domestic Output and National Income.

Brexit and the UK Economy

James Watson, Director Economics

6 Measuring Domestic Output and National Income.

Wage formation and monetary policy

Presentation transcript:

Chart 1 Value added1 per hour worked Chart 1 Value added1 per hour worked. Mainland-Norway Annual percentage growth. Actual and average. 1948-2008 1959-73 (5.0%) 1974-79 (2.8%) 1989-2008 (2.4%) 1948-58 (3.5%) 1980-88 (1.3%) 1 Measured in market value Source: Statistics Norway, Norges Bank

Chart 2 Capital stock per hour worked. Mainland Norway. Index: 1947=100. 1947-2008 Source: Statistics Norway, Norges Bank

Chart 3 Correlation between value added and labour productivity Chart 3 Correlation between value added and labour productivity.1 Ten-year rolling windows. 1955-2008 1 Correlation between the cyclical components of the series. The cyclical components are calculated using an HP filter with a smoothing parameter equal to 100 Source: Statistics Norway, Norges Bank

Chart 4 Productivity. 1 Mainland Norway. Annual percentage growth 1 Measured in market value Source: Statistics Norway, Norges Bank

Chart 5 Productivity growth. Manufacturing. Annual percentage growth Chart 5 Productivity growth. Manufacturing. Annual percentage growth. Actual and average. 1948-2008 1948-74 (4.5%) 1975-2008 (1.9%) Source: Statistics Norway, Norges Bank

Chart 6 Productivity growth. Wholesale and retail trade Chart 6 Productivity growth. Wholesale and retail trade. Annual percentage growth. Actual and average. 1948-2008 1948-87 (2.8%) 1993-2008 (6.1%) 1988-92 (-1.5%) Source: Statistics Norway, Norges Bank

Chart 7 Productivity growth. Other private services Chart 7 Productivity growth. Other private services.1 Annual percentage growth. Actual and average. 1948-2008 1991-2008 (1.9%) 1948-90 (0.2%) 1 Financial and corporate services. Source: Statistics Norway, Norges Bank

Chart 8 Productivity growth. Five-year rolling average Chart 8 Productivity growth. Five-year rolling average. Centred on last year. 1975-2008 1 EU15 excluding Greece, Luxembourg, Portugal and Austria Source: OECD, Statistics Norway, Norges Bank

Chart 9 Average annual percentage growth in value added per worker Source: OECD

Chart 10 Value added1 per hour worked Chart 10 Value added1 per hour worked. Mainland-Norway Annual percentage growth. Actual and average. 1948-2008 1948-73 (4.3%) 1974-2008 (2.1%) 1 Measured in market value Source: Statistics Norway, Norges Bank