Measuring Productivities for the 38 OECD Member Countries: An Input-Output Modelling Approach

Using a multisectoral model and the latest data from OECD Input-Output Tables (IOTs-2021 ed.), this article estimates labour capital productivities of 38 member countries. As measures productivity labour, we consider inverse vertically integrated coefficients, while Perron–Frobenius theorems are employed so as to measure productivity. In respect, productive technologies intersectoral relationships each economy taken into account. We further investigate relationship between productivity, economic efficiency living standards. Findings indicate that impact on higher standards depends evolutionary institutional background at hand.