EU KLEMS Growth and Productivity Accounts: An Overview
In March 2007, the EU KLEMS Growth and Productivity Accounts were publicly released. These accounts include measures of output growth, employment and skill creation, capital formation and multifactor productivity (MFP) at the industry level for European Union member states from 1970 onwards. This ov...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Centre for the Study of Living Standards
2007-04-01
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| Series: | International Productivity Monitor |
| Subjects: | |
| Online Access: | http://www.csls.ca/ipm/14/IPM-14-timmer-e.pdf |
| _version_ | 1811333972875018240 |
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| author | Marcel P. Timmer Mary O'Mahony Bart van Ark |
| author_facet | Marcel P. Timmer Mary O'Mahony Bart van Ark |
| author_sort | Marcel P. Timmer |
| collection | DOAJ |
| description | In March 2007, the EU KLEMS Growth and Productivity Accounts were publicly released. These accounts include measures of output growth, employment and skill creation, capital formation and multifactor productivity (MFP) at the industry level for European Union member states from 1970 onwards. This overview paper first discusses the key characteristics of the database and the variables, country and industry coverage, then reviews the growth accounting methodology, including the measurement of labour and capital services, and finally provides a brief analysis of major trends. The first release of the EU KLEMS database confirms the view that European countries showed a significant slowdown in productivity growth since 1995, which is shown to be widespread across countries and industries, but with notable differences. |
| first_indexed | 2024-04-13T17:00:44Z |
| format | Article |
| id | doaj.art-dd50e5a5bd86457fab2fec32d0f0ceac |
| institution | Directory Open Access Journal |
| issn | 1492-9759 1492-9767 |
| language | English |
| last_indexed | 2024-04-13T17:00:44Z |
| publishDate | 2007-04-01 |
| publisher | Centre for the Study of Living Standards |
| record_format | Article |
| series | International Productivity Monitor |
| spelling | doaj.art-dd50e5a5bd86457fab2fec32d0f0ceac2022-12-22T02:38:41ZengCentre for the Study of Living StandardsInternational Productivity Monitor1492-97591492-97672007-04-01147185EU KLEMS Growth and Productivity Accounts: An OverviewMarcel P. Timmer0Mary O'Mahony1Bart van Ark2University of GroningenUniversity of BirminghamUniversity of GroningenIn March 2007, the EU KLEMS Growth and Productivity Accounts were publicly released. These accounts include measures of output growth, employment and skill creation, capital formation and multifactor productivity (MFP) at the industry level for European Union member states from 1970 onwards. This overview paper first discusses the key characteristics of the database and the variables, country and industry coverage, then reviews the growth accounting methodology, including the measurement of labour and capital services, and finally provides a brief analysis of major trends. The first release of the EU KLEMS database confirms the view that European countries showed a significant slowdown in productivity growth since 1995, which is shown to be widespread across countries and industries, but with notable differences.http://www.csls.ca/ipm/14/IPM-14-timmer-e.pdfeu klemslabour productivitymfp |
| spellingShingle | Marcel P. Timmer Mary O'Mahony Bart van Ark EU KLEMS Growth and Productivity Accounts: An Overview International Productivity Monitor eu klems labour productivity mfp |
| title | EU KLEMS Growth and Productivity Accounts: An Overview |
| title_full | EU KLEMS Growth and Productivity Accounts: An Overview |
| title_fullStr | EU KLEMS Growth and Productivity Accounts: An Overview |
| title_full_unstemmed | EU KLEMS Growth and Productivity Accounts: An Overview |
| title_short | EU KLEMS Growth and Productivity Accounts: An Overview |
| title_sort | eu klems growth and productivity accounts an overview |
| topic | eu klems labour productivity mfp |
| url | http://www.csls.ca/ipm/14/IPM-14-timmer-e.pdf |
| work_keys_str_mv | AT marcelptimmer euklemsgrowthandproductivityaccountsanoverview AT maryomahony euklemsgrowthandproductivityaccountsanoverview AT bartvanark euklemsgrowthandproductivityaccountsanoverview |