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Methodology No direct information is collected on the output of employees or the self- employed Income approach is used to apportion output, utilising.

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Presentation on theme: "Methodology No direct information is collected on the output of employees or the self- employed Income approach is used to apportion output, utilising."— Presentation transcript:

1 Methodology No direct information is collected on the output of employees or the self- employed Income approach is used to apportion output, utilising development work from the sectional unit labour costs system. Income weights are defined as (COE+GOS)/GDP(Y) for employees, and one minus this for the self-employed These income weights are consistent with those implied in the national accounts, and are applied to indices of GVA to derive synthetic GVA indices for employees and the self-employed separately System utilises new hours estimates developed to meet ESA requirements, with split between employees and the self-employed Estimates are non-seasonally adjusted, and presented as four-quarter moving averages, based on 2010=100 1

2 Economic Forum 10 July 2014: self-employment 2 Productivity of Employees and Self-Employed 4 Quarter Moving Average

3 Economic Forum 10 July 2014: self-employment 3 Productivity of Employees and Self-Employed 4 Quarter Moving Average

4 Economic Forum 10 July 2014: self-employment 4 Productivity of Employees and Self-Employed 4 Quarter Moving Average

5 Economic Forum 10 July 2014: self-employment 5 Productivity of Employees and Self-Employed 4 Quarter Moving Average

6 Economic Forum 10 July 2014: self-employment 6 Productivity of Employees and Self-Employed 4 Quarter Moving Average

7 Economic Forum 10 July 2014: self-employment 7 Productivity of Employees and Self-Employed 4 Quarter Moving Average

8 Economic Forum 10 July 2014: self-employment 8 Productivity of Employees and Self-Employed 4 Quarter Moving Average

9 Economic Forum 10 July 2014: self-employment 9 Productivity of Employees and Self-Employed 4 Quarter Moving Average

10 Economic Forum 10 July 2014: self-employment 10 Productivity of Employees and Self-Employed 4 Quarter Moving Average

11 Economic Forum 10 July 2014: self-employment 11 Productivity of Employees and Self-Employed 4 Quarter Moving Average


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