UK productivity analysis: August 2019
Today the ONS has released ‘A guide quality adjustment in public service productivity measures’
The public sector forms around a fifth of UK GDP but measuring productivity of it presents unique challenges in doing so. One of these challenges is how to account for changes in quality of the service provided. As a public service has no market price, we cannot use prices to assess these changes. This contrasts with transactions that occur in the private sector, which have a clearly observable price. To counter this, public sector output measures are adjusted for quality.
This guide explains the concepts behind, and the implementation of, quality adjustments in the measurement of public service productivity.
And read our blog 'The hardest part of productivity measurement' by Josh Martin
The ONS has also released an article called ‘Analysis of compositional changes in hours worked in the UK'
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