Productivity in Ireland 2018 Michael Connolly and Yvonne Hayden - PowerPoint PPT Presentation

Productivity in Ireland 2018 Michael Connolly and Yvonne Hayden

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Key Terms • Labour Share • Foreign and Domestic and Other • MFP • KLEMS V GVA 3

Labour Productivity: Hours and GVA 25% 20% 15% Percentage Change 10% 5% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -5% -10% -15% Labour Productivity Hours GVA 4

KLEMS V GVA Analysis Wholesale and Retail: GVA Decomposition 15% 10% Percentage Change 5% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -5% -10% -15% Labour Input Capital Input MFP GVA 5

KLEMS V GVA Analysis Wholesale & Retail 20% 15% Percentage Change 10% 5% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -5% -10% -15% Capital Labour Energy Materials Services MFP Output 6

MFP Comparison: GVA V Gross Output Wholesale and Retail 6% 4% 2% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 -2% -4% e -6% -8% -10% -12% -14% MFP GVA MFP Gross Output 7

Productivity and Capital Use in 2018 8

Labour Share: Sectoral Analysis 120% 100% 80% 60% 40% 20% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Manufacturing Construction ICT Accomodation and Food Wholesale and Retail Finance 9

Foreign and Domestic and Other Labour Share 80% 70% 60% 50% 40% 30% 20% 10% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Foreign Domestic and Other Total 10

Labour Share by Country Labour Share by Country, 2000 -18 70% 60% 50% 40% 30% 20% 10% 0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Ireland Denmark Austria Netherlands Luxembourg EU 28 11

Future Plans • Firm Size (Small, Medium and Large) • Review firms in all sectors • Set thresholds e.g. turnover and employment 12

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