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Productivity Statistics: 1978–2016
Embargoed until 10:45am  –  22 March 2017
Revisions

Updates in data sources and ongoing methodology improvements led us to make revisions to the previously published productivity series.

Please refer to tables 1.07, 1.08, 2.07, and 2.08 in the downloadable Excel spreadsheets for the magnitude and direction of these revisions.

Regular revisions (due to updates in data sources) arose from:

  • revised constant-price GDP data – feeding into the output series. See Preview of 2016 national accounts improvements for information regarding recent methodology changes, particularly for the construction industry
  • revised current-price national accounts data – feeding into the industry income-based weights
  • revised current- and constant-price productive capital stock data – feeding into the capital input series
  • revised labour data – feeding into the labour volume series
  • adding LEED, to replace survey-based data for working-proprietor counts for the March 2015 year, and employee counts for the March 2015 quarter – feeding into the labour input series.

Incorporating the business register

In this productivity release we have incorporated the business register. This has replaced the business frame. The business register allows easier updating of longitudinal history tables and has resulted in improved and some corrected historical data. This has caused minor revisions in the time-series estimate for the labour volume series.

 

 

 

Due to the amount of provisional data we used in productivity calculation for the most–recent years, data for the last two years of the series are provisional.

 

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