The Level of Productivity in Traded and Non-Traded Sectors for a Large Panel of Countries

February 27, 2015

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Rui Mano, and Marola Castillo. The Level of Productivity in Traded and Non-Traded Sectors for a Large Panel of Countries, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP) U.S. dollars. To construct these series, we collect industry-level data from several sources, and classify individual industries as traded/non-traded using their ratio of exports to value added. Finally, we aggregate the industry data up to a traded sector and a non-traded sector, accordingly. This new dataset has two main advantages relative to existing datasets: (i) it defines more finely the traded/non-traded sectors, by drawing on much more disaggregated industry source data; and (ii) it allows for meaningful comparisons of the level of productivity across countries/sectors because sectoral productivity is adjusted by its own price level.

Subject: Expenditure, Foreign exchange, National accounts, Production, Productivity, Public expenditure review, Public investment and public-private partnerships (PPP), Purchasing power parity, Transportation

Keywords: Africa, Asia and Pacific, EU KLEMS, Industries ISIC Rev., Industry classification, Industry d, Industry level, Manufacturing Nec, Productivity, Productivity differential, Public expenditure review, Public investment and public-private partnerships (PPP), Purchasing Power Parity, Sector productivity, Sectoral Productivity, Traded and Non-Traded Sectors, Traded industry, Transportation, WP

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2015/048
Stock No:

WPIEA2015048
ISBN:

9781484392140
ISSN:

1018-5941

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