The labor productivity change of the machinery & equipment industry in the Netherlands decreased by 2.4 percentage points (-100 percent) in 2015 in comparison to the previous year. The year 2015 marks a significant change in the change compared to the previous year.
Definitions according to the source: Consolidated production: '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: 'The change of consolidated production or value added per unit of labour volume. Labour volume here is the hours worked.'
The source notes, this statistic shows the 'the change of consolidated production per unit of labour volume. Labour productivity is calculated here as consolidated production per hour worked.' Moreover, the source adds: '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.'
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Centraal Bureau voor de Statistiek. (July 24, 2018). Labor productivity change in the machinery and equipment industry in the Netherlands from 2005 to 2015 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/
Centraal Bureau voor de Statistiek. "Labor productivity change in the machinery and equipment industry in the Netherlands from 2005 to 2015." Chart. July 24, 2018. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/
Centraal Bureau voor de Statistiek. (2018). Labor productivity change in the machinery and equipment industry in the Netherlands from 2005 to 2015. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/
Centraal Bureau voor de Statistiek. "Labor Productivity Change in The Machinery and Equipment Industry in The Netherlands from 2005 to 2015." Statista, Statista Inc., 24 Jul 2018, https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/
Centraal Bureau voor de Statistiek, Labor productivity change in the machinery and equipment industry in the Netherlands from 2005 to 2015 Statista, https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/ (last visited November 23, 2024)
Labor productivity change in the machinery and equipment industry in the Netherlands from 2005 to 2015 [Graph], Centraal Bureau voor de Statistiek, July 24, 2018. [Online]. Available: https://www.statista.com/statistics/537384/labor-productivity-change-machinery-and-equipment-sector-in-the-netherlands/
