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

863

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31

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2009

Year

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. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009.

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