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PPPs for Industry Output: A New Dataset for International Comparisons

Author

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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.

Suggested Citation

  • Timmer, Marcel & Ypma, Gerard & van Ark, Bart van, 2007. "PPPs for Industry Output: A New Dataset for International Comparisons," GGDC Research Memorandum GD-82, Groningen Growth and Development Centre, University of Groningen.
  • Handle: RePEc:gro:rugggd:gd-82
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    File URL: http://irs.ub.rug.nl/ppn/302975187
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    Cited by:

    1. Thomas von Brasch, 2015. "The Norwegian productivity puzzle - not so puzzling after all?," Discussion Papers 796, Statistics Norway, Research Department.
    2. Ben Dolman & Dean Parham & Simon Zheng, 2007. "Can Australia Match US Productivity Performance?," Staff Working Papers 0703, Productivity Commission, Government of Australia.
    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. Paul D. Deng & Gary H. Jefferson, 2011. "Explaining Spatial Convergence of China's Industrial Productivity," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73, pages 818-832, December.
    5. Adam Young & Joann Wilkie & Robert Ewing & Jyoti Rahman, 2008. "International comparison of industry productivity," Economic Roundup, The Treasury, Australian Government, issue 3, pages 45-61, October.
    6. Gregory Corcos & Massimo Del Gatto & Giordano Mion & Gianmarco I.P. Ottaviano, 2012. "Productivity and Firm Selection: Quantifying the ‘New’ Gains from Trade," Economic Journal, Royal Economic Society, vol. 122(561), pages 754-798, June.
    7. repec:dau:papers:123456789/6914 is not listed on IDEAS
    8. Ana M. Fernandes, 2009. "Structure and performance of the service sector in transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 17(3), pages 467-501, July.
    9. Jalava, Jukka & Kavonius, Ilja Kristian, 2008. "The effect of durable goods and ICT on euro area productivity growth?," Working Paper Series 940, European Central Bank.
    10. Thierry Tressel, 2008. "Does Technological Diffusion Explain Australia’s Productivity Performance?," IMF Working Papers 08/4, International Monetary Fund.
    11. Robert Inklaar & Marcel P. Timmer, 2012. "Productivity Convergence Across Industries and Countries: The Importance of Theory-based Measurement," Chapters,in: Industrial Productivity in Europe, chapter 11 Edward Elgar Publishing.
    12. Demian Calin-Vlad, 2013. "Eu enlargement and the gains from trade," FIW Working Paper series 108, FIW.
    13. Simon Porcher, 2013. "Regulation and ICT capital input: empirical evidence from 10 OECD countries," Chapters,in: Governance, Regulation and Innovation, chapter 7, pages 182-196 Edward Elgar Publishing.
    14. 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.
    15. 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.
    16. Ángel Estrada, 2009. "The mark-ups in the Spanish economy: international comparison and recent evolution," Working Papers 0905, Banco de España;Working Papers Homepage.
    17. 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, August.

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