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Skip to content Recent Posts Measuring labour input: is it about quantity, quality, or both? Recent developments in international transport and insurance costs: insights from the OECD-ITIC Database Understanding datasets on greenhouse gas emissions New purchasing power parities reveal large relative cost of living difference across the OECD in 2022 Tips for reading government debt-to-GDP ratios Most Used Categories New Data (27) Labour Market (14) Digitalisation (13) National Accounts (13) Trade (12) Well-being (12) Climate Change (11) Covid-19 (10) Globalisation (10) Gender (9) Home About Contact us About Contact us Digitalisation Environment Growth Home Inflation Other Search for: Menu Inflation Labour Market Environment Housing Digitalisation Digitalisation Don’t trust just any statistics! April 13, 2023June 15, 2023 5 minute read More timely statistics and data allow us to respond swiftly to new developments. More granular data means that we can be more targeted in our policy advice and better account for disparities across gender, regions, industries, firm size or demographics. But statistics and data must be trustworthy and of good quality. In short, they must be fit for purpose. Read More Climate Change Tracking carbon prices March 2, 2023April 19, 2023 5 minute read To accelerate the transition to net zero greenhouse gas emissions, climate policy needs to become more ambitious. The shift to net zero can be stimulated through many policy instruments including regulations, e.g. banning the use of certain polluting assets or activities, tax incentives and subsidies – and carbon pricing. Read More Featured Paid parental leave: Big differences for mothers and fathers January 12, 2023June 15, 2023 6 minute read Data on availability and use of paid leave entitlements is crucial for understanding the effectiveness of paid parental leave policies. However, the design of paid leave policy varies markedly across countries. Read More Education, Labour Market, New Data, Productivity Measuring labour input: is it about quantity, quality, or both? 4 minute read Human capital, the stock of knowledge and skills embodied in people, is a key input in economic production. Changes in both the “quantity” and the “quality” of a country’s human capital stock influence economic growth and productivity performance. Traditional measures of labour input in economic growth and productivity analyses, such as total hours worked, focus solely on changes in the quantity of labour input, ignoring changes in the skill composition of the workforce. For example, these measures equate an hour worked by a highly experienced surgeon and an hour worked by a junior retail salesperson, disregarding their vastly different experience and skills. Firms recognise that workers with different skills and experience are not perfect substitutes by paying them different wages. It is therefore possible to account for differences between workers by weighting their hours worked by their respective shares in total wages. Such measures are often referred to as Composition Adjusted Labour Input (CALI), Labour Services, or Quality Adjusted Labour Input (QALI). CALI measures provide an improved understanding of whether the average “quality” of labour is increasing or decreasing over time. read more September 16, 2024September 16, 2024 by oecdstatistics Globalisation, Trade Recent developments in international transport and insurance costs: insights from the OECD-ITIC Database 5 minute read To understand international trade and set policy direction it is vital to understand the costs associated with transporting and insuring goods across borders. International transport and insurance costs, which correspond to the value of the transport and insurance services performed to deliver the goods from the border of the exporting country to the border of the importing country, have a direct and material impact on trade patterns and on a country’s competitiveness. Despite their importance, accessing quantitative information on these costs has long been a challenge for statisticians and policymakers alike. This article presents the OECD International Transport and Insurance Costs of merchandise trade (ITIC) database (Fiallos, Liberatore, & Cassimon, 2024), which helps to deepen our understanding of these aspects of global trade by providing both reported data and estimates on international transport and insurance costs on over 200 economies by partner and product. read more July 30, 2024August 7, 2024 by oecdstatistics Environment Understanding datasets on greenhouse gas emissions 4 minute read Reducing emissions of greenhouse gases (GHG) is the key to mitigating climate change. It is essential to have reliable data on human-induced GHG emissions to analyse the trend of historical emissions, develop policies to reduce emissions and track the progress towards climate goals. There are several datasets for GHG emissions and they serve different objectives. For example, there are “production-based” emissions and “demand-based” emissions datasets. The former cover GHG emissions generated from production activities in a country’s economy, whereas the latter (also called “consumption-based emissions” or “carbon footprints”) capture GHG emissions generated along global production chains to meet the demand of a country. read more June 13, 2024 by oecdstatistics New Data, Prices New purchasing power parities reveal large relative cost of living difference across the OECD in 2022 4 minute read Comparing macroeconomic indicators across countries is a tricky issue, as it requires adjustment for differences in currencies and price levels to ensure a like-for-like comparison. Purchasing Power Parities (PPPs) are the right tool for this. This is possible because PPPs are calculated based on prices of a common and comprehensive basket of goods and services. As a result, PPPs are the go-to conversion rates to be used when comparing macroeconomic indicators, such as GDP or price levels, across countries. The latest “flash” PPPs point to large variability across countries for Gross Domestic Product (GDP) per capita in PPPs in 2023. read more April 10, 2024 by oecdstatistics Government, National Accounts Tips for reading government debt-to-GDP ratios 5 minute read This article explores how and why different debt-to-GDP ratios for the same country and period may be correct. While there is only one figure used for GDP, there are usually several official measures of debt in OECD countries. The differences reflect users’ demand for different indicators. There may also be differences in the ‘valuation’ and ‘consolidation’ bases of the debt measures. Individuals and institutions using or quoting debt-to-GDP ratios should be aware of the differences behind the indicators. read more March 28, 2024 by oecdstatistics Globalisation, New Data, Trade Monitoring global trade using data on vessel traffic 4 minute read Rising uncertainties and geo-political tensions, together with more complex trade relations have increased the demand for data and tools to monitor global trade in a timely manner. At the same time, advances in Big Data Analytics and access to a huge quantity of alternative data – outside the realm of official statistics – have opened new avenues to monitor trade. These data can help identify bottlenecks and disruptions in real time but need to be cleaned and validated. New work from the OECD Statistics and Data Directorate proposes a new methodology to identify ports, at a higher level of precision than in past research; builds indicators to monitor port congestion and trends in maritime trade flows; and provides a new Dashboard to get detailed information and better understand those flows. read more March 21, 2024 by oecdstatistics Globalisation, New Data, Trade Insights on engagement in global value chains in 2023 8 minute read Getting timely information on global value chains is of key interest to policymaking, given the renewed interest in their resilience since the COVID-19 crisis. This article updates nowcasts of selected TiVA indicators for 2021-23 for 41 countries (36 OECD countries and Brazil, China, India, Indonesia, South Africa) and 24 industries, building on the OECD TiVA database, most recent data on balance of payments, national accounts and short-term indicators of the business cycles. read more March 14, 2024March 20, 2024 by oecdstatistics Economic Growth, Labour Market, New Data, Productivity Labour productivity amidst global uncertainties: Insights from 2022-23 4 minute read In 2022, the economic environment deteriorated, with challenges associated with the aftermath of the pandemic compounded by emerging hurdles and rising global uncertainties. Russia’s aggression against Ukraine led to a widespread energy crisis. Globalisation showed signs of stalling, with global FDI flows falling by 12% in 2022, reflecting deteriorating economic and business conditions. Inflation in 2022 reached record levels, potentially deterring investment and hampering productivity growth by increasing firms’ operating costs and disrupting long-term planning. Labour markets were tight and the number of bankruptcies rose markedly during 2022, while firm entries remained flat. The 2024 edition of the OECD Compendium of Productivity Indicators takes a closer look at how productivity and related indicators evolved under these conditions in 2022 and how this environment affected longer-term productivity trends. read more March 5, 2024 by oecdstatistics 1 2 3 … 9 Follow us Stay up to date Type your email… Subscribe Tweets by OECD_Stat Our latest podcast OECD · Multinational enterprises demystified using open-source data Explore content by topic Artificial Intelligence Climate Change Consumer Confidence Covid-19 Development Digitalisation Economic Growth Education Environment Featured Français Gender Globalisation Government Housing Inequality Inflation Labour Market Machine Learning Migration Multinationals National Accounts New Data Prices Productivity SMEs Surveys Tax Trade Ukraine Well-being Copyright All Rights Reserved 2023   Loading Comments...   Write a Comment... Email (Required) Name (Required) Website
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