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Methodology

This research delves into employee and self-employed productivity trends by utilizing the income approach methodology, which involves deriving synthetic GVA indices for these groups separately. The system leverages new hours estimates and income weights consistent with national accounts, facilitating a comprehensive analysis. The data, presented as four-quarter moving averages, offers valuable insights into productivity dynamics.

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Methodology

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  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

  2. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  3. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  4. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  5. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  6. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  7. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  8. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  9. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  10. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

  11. Economic Forum 10 July 2014: self-employment Productivity of Employees and Self-Employed4 Quarter Moving Average

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