The Bank of England industry dataset
AbstractThis paper describes the sources and methods used to construct the Bank of England industry dataset. In its current form, the dataset comprises annual data on 34 industries covering the whole economy over the period 1970-2000. The main variables are gross output, value added, capital, labour and intermediate input. Capital input is built up from the services of seven assets, of which three are ICT (computers, software and communications equipment). Each industry’s intermediate input is an aggregate of purchases from all other industries and from imports. Labour input is measured by hours worked, but with an adjustment for quality change derived from aggregate data. We employ U.S. methods to measure ICT. Apart from this, the dataset is consistent with the UK national accounts both in real and nominal terms.
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Bibliographic InfoPaper provided by University College London in its series Open Access publications from University College London with number http://discovery.ucl.ac.uk/18040/.
Date of creation: Jun 2003
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- Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003.
"The Case of the Missing Productivity Growth: Or, Does Information technology explain why productivity accelerated in the United States but not the United Kingdom?,"
Harvard Institute of Economic Research Working Papers
2021, Harvard - Institute of Economic Research.
- Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003. "The case of the missing productivity growth: or, does information technology explain why productivity accelerated in the United States but not the United Kingdom?," Working Paper Series WP-03-08, Federal Reserve Bank of Chicago.
- Venetia Bell & Pablo Burriel-Llombart & Jerry Jones, 2005. "A quality-adjusted labour input series for the United Kingdom (1975-2002)," Bank of England working papers 280, Bank of England.
- Charlotta Groth, 2005. "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England.
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