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Growth and Productivity Accounts From Eu Klems: an OverviewGroningen Growth and Development Centre, University of Groningen
University of Birmingham and National Institute of Economic and Social Research, m.omahony{at}bham.ac.uk
Groningen Growth and Development Centre, University of Groningen 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.
Key Words: Productivity growth accounting national accounts
National Institute Economic Review, Vol. 200, No. 1,
64-78 (2007) |
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