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

Authors


  • *

     This research was supported by the European Commission, Research Directorate General as part of the 6th Framework Programme, Priority 8, ‘Policy Support and Anticipating Scientific and Technological Needs’ and is part of the ‘EU KLEMS project on Growth and Productivity in the European Union’. The project was carried out by a consortium of 24 research institutes and national statistical institutes (see Appendix 1 for list). We are grateful to all participants in the EU KLEMS consortium for their contribution without which the construction of this database would have been impossible. The article has also benefited from comments from two anonymous referees

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.

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