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Definition
The growth of labour productivity shown in the table is obtained by
dividing the growth of value added at constant prices by the growth of the
labour force. Value added is measured after deducting government real
consumption of fixed capital (i.e. at constant prices) and real indirect
taxes less subsidies. It consists, therefore, of wages and salaries plus the
net return to capital. The growth of the labour force is the change in the
number of employees. The number of employees has not been adjusted for
differences, over time and between countries, in the number of hours worked.
The business sector is defined as the non-government part of the economy.
Government value added and government employment have been deducted from
total value added and total employment respectively.
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