Netherlands: labor productivity change in the chemical industry 2005-2015

Labor productivity change in the chemical industry in the Netherlands from 2005 to 2015

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Source

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Release date

July 2018

Region

Netherlands

Survey time period

2005 to 2015

Supplementary notes

The source defines the consolidated production as 'the production in a given year minus internal deliveries. The production remaining when a unit (industry, branch, commercial sector) is described as one single company.'

Labor productivity is 'the change of consolidated production or value added per unit of labour volume. Labour volume here is the hours worked.' In this statistic the labour productivity is based on the consolidated production per hour worked.

The official SN calculations use an ex ante interest rate based on the internal reference rate of banks and a risk premium for calculating capital services. The model allows for profits to be made as opposed to the neoclassical model.

* The figure for 2014 is provisional.

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