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Growth and Productivity Accounts from EU KLEMS: An Overview

Published online by Cambridge University Press:  26 March 2020

Marcel P. Timmer ,
Mary O'Mahony  and
Bart van Ark
Marcel P. Timmer
Affiliation:
Groningen Growth and Development Centre, University of Groningen
Mary O'Mahony*
Affiliation:
University of Birmingham and National Institute of Economic and Social Research
Bart van Ark
Affiliation:
Groningen Growth and Development Centre, University of Groningen
*
Contact author Mary O'Mahony, e-mail: m.omahony@bham.ac.uk
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Abstract

This paper gives an overview of the construction of and preliminary results from the EU KLEMS database which contains industry estimates of output, input and productivity growth for EU countries. The paper begins with a discussion of methodology and data sources covering output and intermediates, capital and labour services. The content and scope of the database is then briefly described. This is followed by a discussion of preliminary results focusing on comparisons between the EU and US. These confirm the relatively poor productivity performance of the EU relative to the US since the mid-1990s, mostly driven by low productivity growth in market services.

Keywords

Productivitygrowth accountingnational accountsD24E01J24
Type
Articles
Information
National Institute Economic Review , Volume 200 , 01 April 2007 , pp. 64 - 78
Copyright
Copyright © 2007 National Institute of Economic and Social Research

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