How many years of data were used for the 2017 release?

Back-casts of the time series of output and labour data back to 1970 were made for the 2017 release through linkages to former EU KLEMS files to the extent possible.

What was the previous classification of ICT capital in ESA 95?

In previous versions, ICT capital was classified in three categories, namely computing equipment (IT), communication equipment (CT) and software.

What is the preferred method of the national statistical offices from those countries that are covered in the 2017?

The PIM is also the preferred method of the national statistical offices from those countries that are covered in the 2017 release, with Belgium also being an exception to the standard practice.

What are the definitions of intangible fixed assets in ESA95?

3 Mineral exploration (AN.1121), computer software (AN.1122), entertainment, literary and artistic originals (AN.1123), and other intangible fixed assets (AN.1129) were recognized as (produced) intangible fixed assets in ESA95.

Why are the volumes of gross value added (VA_QI) denoted in 2010?

Volumes of gross value added (VA_QI) are therefore denoted in 2010 prices instead of an index where 2010 is set to 100, to keep the detail needed for the growth accounting computations and other tasks.

What are the depreciation rates for capital services?

Capital services (CAP_QI, CAPIT_QI, CAPNIT_QI) are calculated based on geometric depreciation rates by asset and industry largely obtained from previous EU KLEMS versions.

What are the depreciation rates for capital services?

Capital services (CAP_QI, CAPIT_QI, CAPNIT_QI) are calculated based on geometric depreciation rates by asset and industry largely obtained from previous EU KLEMS versions.

What is the drawback of using the SES tabulations?

The drawback of using these tabulations is that they are not available by age and only by industry, gender and qualification, so the authors assumed the same growth rate between 2010 and 2014 regardless of the age group.

Open AccessJournal Article10.1111/J.1468-0297.2009.02280.X

Output, Input and Productivity Measures at the Industry Level: The EU KLEMS Database*

Mary O'Mahony, +1 more

- 01 Jun 2009

- The Economic Journal

- Vol. 119, Iss: 538, pp 374-403

TL;DR: In this paper, the authors describe the contents and the construction of the EU KLEMS Growth and Productivity Accounts, which contains industry-level measures of output, inputs and productivity for 25 European countries, Japan and the US for the period from 1970 onwards.

Abstract: This article describes the contents and the construction of the EU KLEMS Growth and Productivity Accounts. This database contains industry-level measures of output, inputs and productivity for 25 European countries, Japan and the US for the period from 1970 onwards. The article considers the methodology employed in constructing the database and shows how it can be useful in comparing productivity trends. Although growth accounts are the organising principle, it is argued that the database is useful for a wider range of applications. We give some guidance to prudent use and indicate possible extensions.

AI Agents for this Paper

Find similar papers on Google Scholar, PubMed and Arxiv
Write a critical review of this paper
Analyze citations of this paper to find unaddressed research gaps

Most frequently asked questions

1. What have the authors contributed in "Eu klems growth and productivity accounts" ?

The 2016 and 2017 EU KLEMS releases follow up on earlier rolling releases in 2012 which showed detailed growth accounts up to 2009-2012 depending on the country.

2. How did the authors get the wage series forward to 2014?

Using growth rates between 2010 and 2014, the authors are able to bring the wage series forward to the year 2014 by applying linear interpolation.

3. Why are the growth rates of VA_Q in the output files calculated?

The growth rates of value added volumes (VA_Q) in the output files are calculated based on volumes of gross value added in 2010 prices because Eurostat is also rounding VA_Q to only decimal place and the authors refrain from decomposing rounded VA growth in the growth accounting exercise.

4. How many countries were able to calculate growth accounts for in the 2017 release?

It was possible to calculate growth accounts for 12 of the 15 EU-15 countries, 4 of the EU-13 countries, the United States, and 2 EU aggregates within this release.

Figure 2: Availability of gross fixed capital formation by assets, based on ESA 2010

Table 1: Growth accounting approaches of the EU KLEMS release

Figure 1: Contributions to VA growth, LP1 growth, LP2 growth, and GO growth by country and year

Table 4: EU KLEMS asset types, based on ESA 2010.

Citations

•Journal Article•10.1111/ROIE.12178

An Illustrated User Guide to the World Input-Output Database : the Case of Global Automotive Production

Marcel P. Timmer, +4 more

- 01 Aug 2015

- Review of International Economics

TL;DR: The World Input-Output Database (WIOD) as mentioned in this paper contains annual time-series of world input-output tables and factor requirements covering the period from 1995 to 2011, and illustrates its usefulness by analyzing the geographical and factorial distribution of value added in global automotive production.

...read moreread less

2.6K

•Journal Article•10.1093/QJE/QJAA004

The fall of the labor share and the rise of superstar firms

David H. Autor, +4 more

- 01 May 2020

- Quarterly Journal of Economics

TL;DR: In this paper, the authors analyzed micro panel data from the U.S. Economic Census since 1982 and international sources and document empirical patterns to assess a new interpretation of the fall in the labor share based on the rise of ''superstar firms''.

...read moreread less

1.8K

•Journal Article•10.1162/REST_A_00754

Robots at work

Georg Graetz, +1 more

- 01 Dec 2018

- The Review of Economics and Statistics

TL;DR: In this article, the authors analyzed the economic impact of industrial robots and found that industrial robots increased both labor productivity and value added, while reducing the hours of both low-skilled and middle-skilled workers.

...read moreread less

1.2K

Journal Article•10.1080/09535314.2012.761180

The construction of world input-output tables in the wiod project

Erik Dietzenbacher, +4 more

- 21 Mar 2013

- Economic Systems Research

TL;DR: The World Input-Output Table (WIOT) as mentioned in this paper is the core of the World Input Output Database (WEBDB) and provides the values of transactions among 35 industries in 40 countries plus the rest of the world and from these industries to households, governments and users of capital goods in the same set of countries.

...read moreread less

952

•Journal Article•10.1257/JEP.28.2.99

Slicing Up Global Value Chains

Marcel P. Timmer, +4 more

- 01 May 2014

- Journal of Economic Perspectives

TL;DR: In an already classic study of the iPod, Dedrick, Kramer, and Linden as mentioned in this paper discuss how the iPod is assembled in China from several hundred components and parts that are sourced from around the world.

...read moreread less

949

...

Expand

References

Journal Article•10.1093/OEP/GPI032

Does information and communication technology drive EU-US productivity growth differentials?

Marcel P. Timmer, +1 more

- 01 Oct 2005

TL;DR: In this article, the authors compared the effects of information and communication technology (ICT) on aggregate labour productivity growth in the European Union and the United States and found that ICT-based capital deepening and total factor productivity (TFP) growth almost fully explain the US lead in labour productivity over the EU during the period 1995-2001.

...read moreread less

239

Book Chapter•10.7208/CHICAGO/9780226360645.003.0001

Total Factor Productivity

Charles R. Hulten

- 01 Jan 2001

227

Journal Article•10.1111/J.1468-0335.2005.0435.X

Quantifying the Impact of ICT Capital on Output Growth: A Heterogeneous Dynamic Panel Approach

Mary O'Mahony, +1 more

- 01 Nov 2005

- Economica

TL;DR: In this paper, the impact of information and communications technology (ICT) capital on real output growth in the United States and the United Kingdom has been investigated using industry data for the two countries and using a dynamic panel data estimation method.

...read moreread less

214

•Book Chapter•10.1002/9781444306699.CH4

Market services productivity across Europe and the US

Robert Inklaar, +2 more

- 01 Jan 2008

- Economic Policy

TL;DR: Inlaar and van Ark as mentioned in this paper analyzed cross-country differences in growth dynamics using industry-level measures of output, inputs, and multifactor productivity from the new EU KLEMS database and found that using detailed data has important implications for empirical analysis of policy influences on growth.

...read moreread less

195

Other•10.4337/9781845428891.00009

"baumol's disease" has been cured: it and multifactor productivity in u.s. services industries

Jack E. Triplett, +1 more

- 01 Jan 2002

- Research Papers in Economics

TL;DR: In this article, the authors provide a non-technical and compelling analysis of the modern macro-economy, and provide their views on the New Economy from a variety of perspectives.

...read moreread less

181

...

Expand

Output, Input and Productivity Measures at the Industry Level: The EU KLEMS Database*

Chat with Paper

AI Agents for this Paper

Most frequently asked questions

1. What have the authors contributed in "Eu klems growth and productivity accounts" ?

2. How did the authors get the wage series forward to 2014?

3. Why are the growth rates of VA_Q in the output files calculated?

4. How many countries were able to calculate growth accounts for in the 2017 release?

5. How many years of data were used for the 2017 release?

6. What was the previous classification of ICT capital in ESA 95?

7. What is the preferred method of the national statistical offices from those countries that are covered in the 2017?

8. What are the definitions of intangible fixed assets in ESA95?

9. Why are the volumes of gross value added (VA_QI) denoted in 2010?

10. What are the depreciation rates for capital services?

11. What are the depreciation rates for capital services?

12. What is the drawback of using the SES tabulations?

Figures

Citations

An Illustrated User Guide to the World Input-Output Database : the Case of Global Automotive Production

The fall of the labor share and the rise of superstar firms

Robots at work

The construction of world input-output tables in the wiod project

Slicing Up Global Value Chains

References

Does information and communication technology drive EU-US productivity growth differentials?

Total Factor Productivity

Quantifying the Impact of ICT Capital on Output Growth: A Heterogeneous Dynamic Panel Approach

Market services productivity across Europe and the US

"baumol's disease" has been cured: it and multifactor productivity in u.s. services industries

Related Papers (5)

Technical change and the aggregate production function

Financial Dependence and Growth

Endogenous Technological Change

The Dynamics of Productivity in the Telecommunications Equipment Industry

Why do Some Countries Produce So Much More Output Per Worker than Others