Industry productivity: Henderson-Massey View this page in the refreshed REP

Labour productivity varies from industry to industry. The level of GDP per employed person can differ between industries for a variety of reasons including the skill levels of workers and their inherent efficiency, as well as the different amounts of machinery, technology and land being used as production inputs.

As the capital intensity of an industry is often a significant determinant of labour productivity, it is useful to also consider industrial capital intensity when examining labour productivity.

The section measures each industry’s labour productivity in the Henderson-Massey by ranking industries according to their level of GDP per employed person. Capital intensity is also provided and measured in terms of the share of GDP in that industry, which is attributable to capital inputs. Highly capital intensive industries are, therefore, those industries which utilise greater proportions of capital inputs.