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PPPs for Industry Output: A New Dataset for International Comparisons

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  • Timmer, Marcel
  • Ypma, Gerard
  • van Ark, Bart van

    (Groningen University)

Abstract

International comparisons of output, prices and productivity have been hampered by the unavailability of comprehensive sets of PPPs at the industry level. Existing expenditure PPPs and production PPPs both have their limitations. This paper proposes to use a mix of both for industry level comparisons. On the basis of a supply-use framework, the paper identifies how expenditure prices and output prices are conceptually related. It developscriteria on the basis of which an optimal mix of expenditure PPPs and production PPPs can be chosen. The paper then shows a PPP dataset for gross output for 45 industries (capturing the total economy) and 25 advanced countries. This dataset is the first comprehensive dataset of PPPs covering this large number of industries and countries. We illustrate its potential for research purposes by analysing patterns of relative prices in manufacturing and services.

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File URL: http://irs.ub.rug.nl/ppn/302975187
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Bibliographic Info

Paper provided by Groningen Growth and Development Centre, University of Groningen in its series GGDC Research Memorandum with number GD-82.

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Date of creation: 2007
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Handle: RePEc:dgr:rugggd:gd-82

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Cited by:
  1. Ben Dolman & Dean Parham & Simon Zheng, 2007. "Can Australia Match US Productivity Performance?," Staff Working Papers 0703, Productivity Commission, Government of Australia.
  2. Ángel Estrada, 2009. "The mark-ups in the Spanish economy: international comparison and recent evolution," Banco de Espa�a Working Papers 0905, Banco de Espa�a.
  3. Broadberry, Stephen & Giordano, Claire & Zollino, Francesco, 2011. "A Sectoral Analysis of Italy's Development: 1861 -2010," CAGE Online Working Paper Series 62, Competitive Advantage in the Global Economy (CAGE).
  4. Gianmarco I.P. Ottaviano & Gregory Corcos & Massimo Del Gatto & Giordano Mion, 2009. "Productivity and Firm Selection: Quantifying the “New” Gains from Trade," Working Papers 2009.115, Fondazione Eni Enrico Mattei.
  5. World Bank, 2013. "Measuring the Real Size of the World Economy : The Framework, Methodology, and Results of the International Comparison Program—ICP," World Bank Publications, The World Bank, number 13329, July.
  6. Bruno Amable & Lilas Demmou & Ivan Ledezma, 2008. "Competition, innovation and distance to frontier," Documents de travail du Centre d'Economie de la Sorbonne r08064, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  7. Paul Deng & Gary Jefferson, 2011. "Explaining Spatial Convergence of China’s Industrial Productivity," Working Papers 32, Brandeis University, Department of Economics and International Businesss School.
  8. Niclas Andrén & Lars Oxelheim, 2011. "Exchange rate regime shift and price patterns," International Journal of Managerial Finance, Emerald Group Publishing, vol. 7(2), pages 153-178, April.
  9. repec:hal:journl:halshs-00340409 is not listed on IDEAS
  10. Pamfili Antipa & Marie-Elisabeth de la Serve, 2010. "International Comparisons of Industry-based Productivity Levels in the Financial and Business Service Sectors," International Productivity Monitor, Centre for the Study of Living Standards, vol. 19, pages 66-81, Spring.
  11. Adam Young & Joann Wilkie & Robert Ewing & Jyoti Rahman, 2008. "International comparison of industry productivity," Economic Roundup, Treasury, Australian Government, issue 3, pages 45-61, October.
  12. Thierry Tressel, 2008. "Does Technological Diffusion Explain Australia's Productivity Performance?," IMF Working Papers 08/4, International Monetary Fund.
  13. Stephen Broadberry & Claire Giordano & Francesco Zollino, 2011. "A Sectoral Analysis of Italy's Development, 1861-2011," Quaderni di storia economica (Economic History Working Papers) 20, Bank of Italy, Economic Research and International Relations Area.
  14. repec:cge:warwcg:61 is not listed on IDEAS
  15. Demian Calin-Vlad, 2013. "Eu enlargement and the gains from trade," FIW Working Paper series 108, FIW.
  16. Jalava, Jukka & Kavonius, Ilja Kristian, 2008. "The effect of durable goods and ICT on euro area productivity growth?," Working Paper Series 0940, European Central Bank.

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