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Industry level growth accounting based on EU KLEMS data

EU KLEMS is a Commission financed, industry level, growth and productivity research project.

EU KLEMS stands for EU level analysis of capital (K), labour (L), energy (E), materials (M) and service (S) inputs.

With the objective of exploiting this data source, DG ECFIN has created individual country spreadsheets with industry level growth accounting tables covering :

  • Value added, labour productivity and labour input growth rates
  • Value added and labour input shares
  • Contributions to value added, labour input and labour productivity
  • Value added growth accounting, with a breakdown into the contributions from labour services, capital services and total factor productivity (TFP)
  • Labour productivity growth accounting, with a breakdown into the contributions from human capital improvements (i.e. labour composition effects); ICT and non-ICT capital deepening; and total factor productivity (TFP)

 

>> Growth Accounting to 2005

>> Growth Accounting to 2007

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