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Other Measures of Productivity

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2.5.20 As discussed previously, using GVA per head as a measure of productivity is not ideal. The ONS publishes other measures of productivity which divide GVA by labour input, namely, the number of filled jobs and the number of hours worked. These measures take into account commuting and employment patterns, the latter indicator accounting for different part-time working patterns across the regions.

2.5.21 In 2008, GVA per filled job in South West England was 11.5% less than the English average while GVA per hour worked was only 8.8% less (see Figure 2.5.5). This can be compared to the South West's GVA per head which was 11.2% below the English average in the same year. The relative strength of the GVA per hour worked figures is a reflection of the impact of the region’s comparably large proportion of part-time workers on productivity. On the measure of GVA per hour the SW ranked fourth highest of the English regions (again, behind only the Greater South East), while on GVA per filled job it ranked fifth highest.

Figure 2.5.5 Alternative Measures of Productivity (England = 100) 2008

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Alternative Measures of Productivity (England = 100) 2008 [Fig 2.5.5]
Alternative Measures of Productivity (England = 100) 2008 [Fig 2.5.5] Source: ONS
2.5.22 ONS data on GVA per hour worked and GVA per filled job is not yet available at the sub-regional level; however, the South West Regional Accounts provide estimates of sub-regional GVA per full-time equivalent worker (FTE). This measure similarly uses a labour input (FTEs - one FTE equating to 37 hours a week) to calculate productivity. It should be noted that these are indicative estimates only.

2.5.23 The South West’s GVA per FTE figures tend to reflect the same general pattern as GVA per head figures - Swindon, South Gloucestershire, Bristol and Bath & North East Somerset are the most productive areas of the region on this measure, while Devon, Cornwall & IoS and Torbay are the least productive (see Table 2.5.3). Interestingly, the spread of the best performing and the worst performing sub-regions around the regional average is far less in percentage points terms for GVA per FTE (55.6 percentage points) than for GVA per head (96.6 percentage points), showing the importance of the ‘non-active’ population in the region. For more detail on productivity see Productivity Drivers
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Table 2.5.3 GVA per FTE, 2008 estimates
 
 GVA per FTE
 Index GB = 100
 SW    43,052
 88.2
 GB  48,832  100.0
     
 Swindon  61,336  125.6
 South Gloucestershire
 52,722  108.0
 Bristol  52,176  106.8
 Bath and North East Somerset
 48,448  99.2
 Gloucestershire  47,530  97.3
 Bournemouth  46,466  95.2
 North Somerset
 45,587  93.4
 Wiltshire  44,363  90.8
 Poole  42,499  87.0
 Dorset  38,270  78.4
 Somerset  37,959  77.7
 Plymouth  36,738  75.2
 Devon  35,657  73.0
 Cornwall and Isles of Scilly
 33,095  67.8
 Torbay  33,029  67.6
Source - ONS