Sensitivity of capital and MFP measurement to asset depreciation patterns and initial capital stock estimates

Abstract

participants in the 2022 IARIW and World-KLEMS Conferences, and members of the Eurostat Task Force on Fixed Assets and Estimation of Consumption of Fixed Capital under ESA 2010 for useful comments and suggestions. We also thank Robert Kornfeld (BEA), Brenda Bugge (Statistics Canada), Benedikt Kuckelkorn (DESTATIS), Carmine Fimiani (ISTAT), Marianthi Dunn and Trina Evans (ONS) for their help in accessing data and metadata for this paper, and Virginie Elgrably (OECD) for editorial assistance.SDD/DOC(2023)1  3 Unclassified OECD STATISTICS WORKING PAPER SERIESThe OECD Statistics Working Paper Seriesmanaged by the OECD Statistics and Data Directorateis designed to make available in a timely fashion and to a wider readership selected studies prepared by OECD staff or by outside consultants working on OECD projects. The papers included are of a technical, methodological or statistical policy nature and relate to statistical work relevant to the Organisation. The Working Papers are generally available only in their original language -English or Frenchwith a summary in the other.OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the authors.Working Papers describe preliminary results or research in progress by the authors and are published to stimulate discussion on a broad range of issues on which the OECD works. Comments on Working Papers are welcomed and may be sent to the Statistics and Data Directorate, OECD,

OECD Compendium of Productivity Indicators 2024

“…This evolution seems to be driven by multinational enterprises, as the MFP of the domestic sector in Ireland was relatively flat during 2020-22, while the foreign one kept rising (Central Statistics Office, 2023 [27]). This is in line with documented labour productivity gaps between the domestic and foreign sectors in Ireland (Papa, Rehill and O'Connor, 2018 [28]), with so far limited productivity spillovers from the latter to the former (Di Ubaldo, Lawless and Siedschlag, 2018 [29]).…”