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The question addresses the topic of productivity in the EU, which means the output of the European Union from a production process, per unit of input. It measures simply how efficient resources and budget, meaning the input is used to reach a specific amount of output. Productivity is basic statistical information which is used in many companies and international organizations and therefore is a key source of economic growth and competitiveness.
Productivity can be measured in many ways. It mostly depends of the purpose of the productivity measurement and the possible data availability. The most common way to measure productivity is to calculate the Gross Domestic Product (GDP) per hour worked. Another way of measurement is the flow of production services which can be seen by looking at the cumulative stock of past investments.
This text is for information only and is not designed to interpret or replace any reference documents.
Does it impact productivity?
Regarding this Guiding Question, which are the most important EU policies and strategies? For EU Impact Area Database: For an overview of most important EU policies and strategies, you can consult http://ec.europa.eu/policies/index_en.htm or http://europa.eu/pol/index_en.htm
Further Sources of Data
European Commission: Competitiveness and Innovation Framework Program (CIP) http://ec.europa.eu/cip/
Further Sources of Information
European Comisson: DG Enterprise Competitiveness Reports http://ec.europa.eu/enterprise/policies/industrial-competitiveness/competitiveness-analysis/european-competitiveness-report/index_en.htm
Please refer to indicators relevant to the question, choose indicators provided by Eurostat.
Other Official Indicators
Please refer to indicators relevant to the question, choose indicators provided e.g. by international organizations like the OECD, IEA, ILO or academic institutes.