A statistical framework for the analysis of productivity and sustainable development

Oulton, N.ORCID logo (2004). A statistical framework for the analysis of productivity and sustainable development. (CEPDP CEPDP0629). London School of Economics and Political Science. Centre for Economic Performance.
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To analyse the consequences of the changing economic structure of the UK, we need a set of statistics broken down by industry that are consistent with the whole economy measures available from the national accounts. The theory of growth accounting then provides a framework in which the contribution of each industry to the national economy can be measured and assessed. This paper identifies the obstacles currently facing a researcher trying to implement this approach. It makes a number of recommendations for the improvement of official statistics.

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