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3 - EU KLEMS database

Published online by Cambridge University Press:  06 December 2010

Marcel P. Timmer
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
Robert Inklaar
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
Mary O'Mahony
Affiliation:
University of Birmingham
Bart van Ark
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
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Summary

Introduction

Until recently, internationally comparable studies of the relationships between skill formation, investment, technological change and growth have been hampered by the lack of a readily available standard database covering a large set of countries. As a result, researchers had often to compile their own databases, making replication and comparability of studies difficult. In our analysis of European growth and productivity in Chapter 2 we made use of a new database which can serve as a useful tool for empirical and theoretical research in the area of economic growth: the EU KLEMS Growth Accounts database. This database includes measures of output and input growth and derived variables such as multi-factor productivity at the industry level. The input measures include various categories of capital (K), labour (L), energy (E), material (M) and service inputs (S). The measures are developed for twenty-five individual European Union member states, the United States and Japan and cover the period from 1970 to 2005. The variables are organised around the growth accounting methodology, a major advantage of which is that it is rooted in neo-classical production theory. It provides a clear conceptual framework within which the interactions among variables can be analysed in an internally consistent way.

The data series, publicly available on www.euklems.net, can be used by researchers employing growth accounting to consider sources of output and productivity growth in cross-country comparisons or studies of particular industries and different time periods, such as discussed in the previous chapters.

Type
Chapter
Information
Economic Growth in Europe
A Comparative Industry Perspective
, pp. 46 - 128
Publisher: Cambridge University Press
Print publication year: 2010

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  • EU KLEMS database
  • Marcel P. Timmer, Rijksuniversiteit Groningen, The Netherlands, Robert Inklaar, Rijksuniversiteit Groningen, The Netherlands, Mary O'Mahony, University of Birmingham, Bart van Ark, Rijksuniversiteit Groningen, The Netherlands
  • Book: Economic Growth in Europe
  • Online publication: 06 December 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511762703.004
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  • EU KLEMS database
  • Marcel P. Timmer, Rijksuniversiteit Groningen, The Netherlands, Robert Inklaar, Rijksuniversiteit Groningen, The Netherlands, Mary O'Mahony, University of Birmingham, Bart van Ark, Rijksuniversiteit Groningen, The Netherlands
  • Book: Economic Growth in Europe
  • Online publication: 06 December 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511762703.004
Available formats
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Send book to Google Drive

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Google Drive.

  • EU KLEMS database
  • Marcel P. Timmer, Rijksuniversiteit Groningen, The Netherlands, Robert Inklaar, Rijksuniversiteit Groningen, The Netherlands, Mary O'Mahony, University of Birmingham, Bart van Ark, Rijksuniversiteit Groningen, The Netherlands
  • Book: Economic Growth in Europe
  • Online publication: 06 December 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511762703.004
Available formats
×