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Growth and Productivity Accounts from EU KLEMS: An Overview

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  • Timmer, Marcel P.
  • O'Mahony, Mary
  • van Ark, Bart

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.

Suggested Citation

  • Timmer, Marcel P. & O'Mahony, Mary & van Ark, Bart, 2007. "Growth and Productivity Accounts from EU KLEMS: An Overview," National Institute Economic Review, National Institute of Economic and Social Research, vol. 200, pages 64-78, April.
    • Handle: RePEc:cup:nierev:v:200:y:2007:i::p:64-78_9
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    2. Ioannis Bournakis & Dimitris Christopoulos & Sushanta Mallick, 2018. "Knowledge Spillovers And Output Per Worker: An Industry‐Level Analysis For Oecd Countries," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1028-1046, April.
    3. Peter Goodridge & Jonathan Haskel, 2023. "Accounting for the slowdown in UK innovation and productivity," Economica, London School of Economics and Political Science, vol. 90(359), pages 780-812, July.
    4. Tero Kuusi & Martti Kulvik & Juha-Matti Junnonen, 2022. "Productivity Growth in Construction Value Chains," International Productivity Monitor, Centre for the Study of Living Standards, vol. 42, pages 3-32, Spring.
    5. João Santos & Miguel Viana & Jaime Nieto & Paul E. Brockway & Marco Sakai & Tiago Domingos, 2024. "The Impact of Energy Efficiency on Economic Growth: Application of the MARCO Model to the Portuguese Economy 1960–2014," Energies, MDPI, vol. 17(11), pages 1-22, June.
    6. Dariusz Kotlewski, 2022. "Przesłanki za wykorzystaniem rachunkowości wzrostu gospodarczego w badaniu specjalizacji regionalnych," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 2, pages 235-258.
    7. Taniguchi, Hiroya & Yamada, Ken, 2022. "ICT capital–skill complementarity and wage inequality: Evidence from OECD countries," Labour Economics, Elsevier, vol. 76(C).
    8. Luca TAUSCH & Guilherme MAGACHO, 2024. "Challenges in the Transition to a Low-Carbon Economy for Developing Countries: Estimating Capital-Use Matrices and Imported Needs," Working Paper 3f15bd28-99b0-42ff-863c-4, Agence française de développement.
    9. Liao, Hailin & Wang, Bin & Li, Baibing & Weyman-Jones, Tom, 2016. "ICT as a general-purpose technology: The productivity of ICT in the United States revisited," Information Economics and Policy, Elsevier, vol. 36(C), pages 10-25.
    10. Vu, K. & Asongu, S., 2023. "Patterns and drivers of financial sector growth in the digital age: Insights from a study of industrialized economies," Research in International Business and Finance, Elsevier, vol. 66(C).
    11. Georges Daw, 2022. "Determinants of Wealth Disparities in the EU: A Multi-scale Development Accounting Investigation," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(2), pages 211-254, June.
    12. Lindley, Joanne & Machin, Stephen, 2011. "Rising Wage Inequality and Postgraduate Education," IZA Discussion Papers 5981, Institute of Labor Economics (IZA).
    13. Nick Williams & Tim Vorley & Panayiotis H Ketikidis, 2013. "Economic resilience and entrepreneurship: A case study of the Thessaloniki City Region," Local Economy, London South Bank University, vol. 28(4), pages 399-415, June.
    14. Joanna Wyszkowska-Kuna, 2016. "Financial Services Input as a Source of Economic Growth in the European Union Countries," FindEcon Chapters: Forecasting Financial Markets and Economic Decision-Making, in: Magdalena Osińska (ed.), Statistical Review, vol. 63, 2016, 3, edition 1, volume 63, chapter 3, pages 289-308, University of Lodz.
    15. Victor Ajai & Karim Anaya & Geoffroy Dolphin & Michael Pollitt, 2022. "Do climate policies explain the productivity puzzle? Evidence from the Energy Sector," Working Papers 016, The Productivity Institute.
    16. Molnárová, Zuzana & Reiter, Michael, 2022. "Technology, demand, and productivity: What an industry model tells us about business cycles," Journal of Economic Dynamics and Control, Elsevier, vol. 134(C).
    17. Taneja, Shivani & Mandys, Filip, 2022. "The effect of disaggregated information and communication technologies on industrial energy demand," Renewable and Sustainable Energy Reviews, Elsevier, vol. 164(C).
    18. Dariusz Kotlewski & Mirosław Błażej, 2022. "Evidence for Middle‐Income Trap Non‐occurrence in the Light of KLEMS Growth Accounting for Poland," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(S1), pages 22-51, April.
    19. Stöllinger, Roman & Guarascio, Dario, 2023. "Comparative advantages in the digital era–A Heckscher-Ohlin-Vanek approach," International Economics, Elsevier, vol. 175(C), pages 63-89.
    20. Halit Yanikkaya & Abdullah Altun & Pınar Tat, 2023. "Once again “smile curve”: Is chain upgrading possible?," Review of Development Economics, Wiley Blackwell, vol. 27(1), pages 62-88, February.
    21. Halit Yanikkaya & Abdullah Altun & Pınar Tat, 2022. "Does the Complexity of GVC Participation Matter for Productivity and Output Growth?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(4), pages 2038-2068, August.
    22. Perilla Jiménez, Juan Ricardo, 2023. "Productivity, innovation and economic growth: understanding the embodied and disembodied contributions of factor inputs," Documentos Departamento de Economía 53, Universidad del Norte.
    23. Vu, Khuong & Hartley, Kris, 2022. "Effects of digital transformation on electricity sector growth and productivity: A study of thirteen industrialized economies," Utilities Policy, Elsevier, vol. 74(C).
    24. Michael Landesmann & Mario Liebensteiner & Robert Stehrer, 2010. "Migrants and Economic Performance in the EU15: their allocations across countries, industries and job types and their (productivity) growth impacts at the sectoral and regional levels," FIW Research Reports series II-009, FIW.

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