Change in labor productivity in financial institutions sector Netherlands 1996-2016

Percentage change of labor productivity on previous year in the financial institutions sector in the Netherlands from 1996 to 2016

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Source

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Release date

July 2018

Region

Netherlands

Survey time period

1996 to 2016

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 labor volume. Labor volume here is the hours worked." In this statistic the labor 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 numbers provided for 2015 and 2016 are provisional.

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