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Netherlands: labor productivity change in the coke and petroleum industry 2004-2014

This statistic displays the labor productivity change in the coke and petroleum industry in the Netherlands from 2004 to 2014. It shows that between 2004 and 2014 the labor productivity in this sector in the Netherlands constantly increased, with the exception of 2007-2008 and 2014.

Labor productivity change in the coke and petroleum industry in the Netherlands from 2004 to 2014

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Source

Release date

November 2016

Region

Netherlands

Survey time period

2004 to 2014

Supplementary notes

The source defines the consolidated production as "the production in a given year minus internal deliveries. The production remaining when a unit (industry, branch, commercial sector) is described as one single company."

Labor productivity is "the change of consolidated production or value added per unit of labour volume. Labour volume here is the hours worked." In this statistic the labour productivity is based on the consolidated production per hour worked.

The official SN calculations use an ex ante interest rate based on the internal reference rate of banks and a risk premium for calculating capital services. The model allows for profits to be made as opposed to the neoclassical model.

* The figure for 2014 is provisional.

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