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EU KLEMS Growth and Productivity Accounts: An Overview

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Author Info
Marcel P. Timmer
Mary O’Mahony
Bart van Ark

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Abstract

In March 2007, the EU KLEMS Growth and Productivity Accounts were publicly released. These accounts include measures of output growth, employment and skill creation, capital formation and multifactor productivity (MFP) at the industry level for European Union member states from 1970 onwards. This overview paper first discusses the key characteristics of the database and the variables, country and industry coverage, then reviews the growth accounting methodology, including the measurement of labour and capital services, and finally provides a brief analysis of major trends. The first release of the EU KLEMS database confirms the view that European countries showed a significant slowdown in productivity growth since 1995, which is shown to be widespread across countries and industries, but with notable differences.

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File URL: http://www.csls.ca/ipm/14/IPM-14-timmer-e.pdf
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Publisher Info
Article provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.

Volume (Year): 14 (2007)
Issue (Month): (Spring)
Pages: 71-85
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Handle: RePEc:sls:ipmsls:v:14:y:2007:5

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Related research
Keywords: EU KLEMS; Growth accounts; Industry level; Growth accounting methodology.;

Find related papers by JEL classification:
C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
O00 - Economic Development, Technological Change, and Growth - - General - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Schreyer, Paul, 2002. "Computer Price Indices and International Growth and Productivity Comparisons," Review of Income and Wealth, Blackwell Publishing, vol. 48(1), pages 15-31, March. [Downloadable!] (restricted)
  2. Timmer, Marcel P. & Ypma, Gerard & Ark, Bart van der, 2003. "IT in the European Union: driving productivity divergence?," GGDC Research Memorandum 200363, Groningen Growth and Development Centre, University of Groningen. [Downloadable!]
  3. van Ark, Bart, 1998. "Productivity," Journal of the Japanese and International Economies, Elsevier, vol. 12(2), pages 171-174, June. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Esteban – Los Fernández Vázquez, 2007. "A Maximum Entropy Approach to the Indenitication of Productive Technology Spillovers," Discussion Papers 1106, The Research Institute of the Finnish Economy. [Downloadable!]
  2. Clayton, Tony & Dal Borgo, Mariela & Haskel, Jonathan, 2009. "An Innovation Index Based on Knowledge Capital Investment: Definition and Results for the UK Market Sector," CEPR Discussion Papers 7158, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  3. Daniel Lind, 2008. "ICT Production and Productivity in Sweden and Finland, 1975-2004," International Productivity Monitor, Centre for the Study of Living Standards, vol. 17, pages 40-51, Fall. [Downloadable!]
  4. Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, 2009. "The euro and firm restructuring," Temi di discussione (Economic working papers) 716, Bank of Italy, Economic Research Department. [Downloadable!]
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  5. Bert M. Balk, 2007. "Measuring Productivity Change without Neoclassical Assumptions: A Conceptual Analysis," CEPA Working Papers Series WP042007, School of Economics, University of Queensland, Australia. [Downloadable!]
  6. Damiaan Persyn, 2008. "Trade as a Wage Disciplining Device," LICOS Discussion Papers 21008, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
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  7. Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Giancarlo Spagnolo & Cristiana Vitale, 2009. "Competition policy and productivity growth: An empirical assessment," CIG Working Papers SP II 2009-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG). [Downloadable!]
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  8. Nicole Höhenberger & Claudia Schmiedeberg, 2008. "Structural Convergence of European Countries," cege – Center for European, Governance and Economic Development Research Discussion Papers 75, cege – Center for European, Governance and Economic Development Research, University of Goettingen (Germany)., revised 28 Jul 2008. [Downloadable!]
  9. Jukka Jalava & Ilja Kristian Kavonius, 2008. "The effect of durable goods and ICT on euro area productivity growth?," Working Paper Series 940, European Central Bank. [Downloadable!]
  10. Eiji Ogawa & Kentaro Iwatsubo, 2009. "External Adjustments and Coordinated Exchange Rate Policy in Asia," Global COE Hi-Stat Discussion Paper Series gd08-048, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  11. Rebekka Christopoulou & Philip Vermeulen, 2008. "Markups in the euro area and the US over the period 1981-2004 - a comparison of 50 sectors," Working Paper Series 856, European Central Bank. [Downloadable!]
  12. Robert Inklaar & Marcel P. Timmer & Bart van Ark, 2008. "Data for Productivity Measurement in Market Services: An International Comparison," International Productivity Monitor, Centre for the Study of Living Standards, vol. 16, pages 72-81, Spring. [Downloadable!]
  13. Manuel A. Hidalgo Pérez & Jesús Rodríguez López & José María O´Kean Alonso, 2008. "Labor Demand and Information Technologies: Evidence for Spain, 1980-2005," Working Papers 08.12, Universidad Pablo de Olavide, Department of Economics. [Downloadable!]
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  14. Galstyan, Vahagn & Lane, Philip R., 2009. "Fiscal Policy and International Competitiveness: Evidence from Ireland," The Economic and Social Review, Economic and Social Studies, vol. 40(3), pages 299–315. [Downloadable!]
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  15. Thierry Tressel, 2008. "Does Technological Diffusion Explain Australia's Productivity Performance?," IMF Working Papers 08/4, International Monetary Fund. [Downloadable!]
  16. Peter Havlik & Sebastian Leitner & Robert Stehrer, 2008. "Growth Resurgence, Productivity Catching-up and Labour Demand in CEECs," Statistical Reports StatR3, The Vienna Institute for International Economic Studies, wiiw. [Downloadable!]
  17. Ángel Estrada, 2009. "The mark-ups in the Spanish economy: international comparison and recent evolution," Banco de España Working Papers 0905, Banco de España. [Downloadable!]
  18. Colantone, Italo & Sleuwaegen, Leo, 2008. "Entry and exit of firms in a global economy: a cross-country and industry analysis," Vlerick Leuven Gent Management School Working Paper Series 2007-36, Vlerick Leuven Gent Management School. [Downloadable!]
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