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| | Jun.2002 | Jun.2003 | Jun.2004 |
| Table 22. PRODUCTIVITY IN THE MARKET SECTOR(a) | | | |
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Indexes of productivity and related measures(b) |
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| Productivity indexes | | | |
| Labour productivity(c) | | | |
| Hours worked | 94.6 | 96.9 | 100 |
| Quality adjusted hours worked(d) | 95.7 | 97.2 | 100 |
| Capital productivity(e) | 100.8 | 100.3 | 100 |
| Multifactor productivity(f) | | | |
| Hours worked | 97.2 | 98.4 | 100 |
| Quality adjusted hours worked(d) | 97.9 | 98.5 | 100 |
| Output measures | | | |
| GDP-market sector(g) | 92.7 | 95.7 | 100 |
| Input measures | | | |
| Labour services | | | |
| Hours worked | 98 | 98.7 | 100 |
| Quality adjusted hours worked(d) | 96.9 | 98.4 | 100 |
| Capital services(g) | 92 | 95.4 | 100 |
| Total inputs | | | |
| Hours worked | 95.4 | 97.3 | 100 |
| Quality adjusted hours worked(d) | 94.7 | 97.1 | 100 |
| Capital-labour ratio | | | |
| Hours Worked | 93.8 | 96.6 | 100 |
| Quality adjusted hours worked(d) | 94.9 | 96.9 | 100 |
| Percentage changes to productivity indexes(b) | | | |
| Productivity indexes | | | |
| Labour productivity(c) | | | |
| Hours worked | 3.7 | 2.4 | 3.2 |
| Quality adjusted hours worked(d) | 3.5 | 1.5 | 2.9 |
| Capital productivity(e) | .5 | -.5 | -.3 |
| Multifactor productivity(f) | | | |
| Hours worked | 2.4 | 1.2 | 1.7 |
| Quality adjusted hours worked(d) | 2.2 | .7 | 1.5 |
| Growth accounting analysis - Contributions to growth | | | |
| Output growth(h) | 3.5 | 3.2 | 4.5 |
| Contribution of output growth (MFP - Hours worked basis)(c) | | | |
| Capital services | 1.2 | 1.6 | 2.1 |
| Hours worked | -.2 | .4 | .7 |
| Multifactor productivity - hours worked basis | 2.4 | 1.2 | 1.7 |
| Contribution of output growth (MFP - Quality adjusted hours | | | |
| worked basis)(c) | | | |
| Capital services | 1.2 | 1.6 | 2.1 |
| Hours worked | -.2 | .4 | .7 |
| Labour composition(d) | .1 | .5 | .2 |
| Multifactor productivity - hours worked basis(d) | 2.2 | .7 | 1.5 |
n.r. not recorded |
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| (a) Anzsic divisions A to K and P. See Glossary-Market sector. | | | |
| (b) Reference year for indexes is 2003-04 = 100.0. | | | |
| (c) Gross domestic product per unit of labour input. | | | |
| (d) Experimental estimates. | | | |
| (e) Gross domestic product per unit of capital services | | | |
| (f) Gross domestic product per combined unit of labour and capital. | | | |
| (g) Chain volume measures. Reference year is 2003-04. | | | |
| (h) Growth in chain volume GDP for the market sector. | | | |
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