EU KLEMS Growth and Productivity Accounts: December 2016 Release
Statistical Module, ESA 2010 and ISIC Rev. 4 industry classification
All series derived from this database need to be referred to as follows:
Kirsten Jäger (2016), EU KLEMS Growth and Productivity Accounts 2016 release - Description of Methodology and General Notes
Introduction
This revision includes the December 2016 update from Eurostat where many gaps in output and capital data in 2014 were filled besides other revisions. In addition, various sectoral aggregates were adjusted to keep consistency with previous releases of EU KLEMS. The series presented on this page are part of two updates of the EU KLEMS Productivity and Growth Accounts on industry level in 2016 and 2017.
Concepts and methodologies to calculate the various growth and productivity variables in the 2016 EU KLEMS release were adjusted to the new European System of National Accounts (ESA 2010). The 2016 release has a number of new features:
Time period: 1995-2014 for most countries and industries
The data on output, value added and employment is nearly fully consistent with Eurostat at the corresponding industry levels - if not mentioned otherwise in the country notes below.
The data on gross fixed capital formation, prices, and capital stocks is nearly fully consistent with Eurostat at the corresponding industry levels - if not mentioned otherwise in the country notes below. This means that capital stock measures are not fully harmonized on the basis of common assumptions to compute capital services as in earlier modules of EU KLEMS.
The asset types were modified and extended according to the ESA 2010 requirements.
For labour services use has been made of the micro-data underlying the European Labour Force Survey (LFS) and the Structure of Earning Survey (SES) for recent years.
Sources and methods
The EU KLEMS updates in the new ISIC Rev. 4 industry classification are being done on a country by country basis. Documentation will be provided separately for each country and release. New releases for all 28 EU member states, the United States, possibly Japan, and several aggregates will be available in summer 2017 to the extent possible.
More information on additional EU KLEMS releases can be found on the website of the Groningen Growth and Development Centre (GGDC).
The original website of the EU KLEMS project, on which these data were first released, has been archived, but is still available through the Internet Archive.
This update of the EU KLEMS database has been funded by the European Commission under the service contract ECFIN-163-2015/SI2.716986 for the 'Provision of updated EU KLEMS-type data for growth and productivity analysis'. Any errors or omissions are entirely the responsibility of The Conference Board.
