S-Space College of Business Administration/Business School (경영대학/대학원) Institute of Information and Operation Management (경영정보연구소) Journal of information and operations management (경영정보논총) Journal of information and operations management vol.16(1/2) (2006) (경영정보논총)
National Productivity Measurement and International Comparisons
- Park, Sung H.
- Issue Date
- 서울대학교 경영정보연구소
- Journal of information and operations management, Vol.16 No.2, pp. 29-44
- Productivity is defined in many different ways. It is sometimes confusing to
understand productivity, and to compare productivity among different countries.
In this paper, first of all, the definitions of national productivity are
summarized. Secondly, the productivity measurements officially used in Korea
are defined. Thirdly, additional productivity measurements which are often
calculated worldwide are introduced. Lastly, international comparison is made
for the value added labor productivity which is well known as a national
productivity. The basis of comparison is on the currency exchange rate to US
dollars as well as the purchasing power parity (PPP) announced by OECD.