Project description

The project created a database on measures of economic growth, productivity, employment creation, capital formation and technological change at the industry level for all European Union member states.

This work provides an important input to policy evaluation, in particular for the assessment of the goals concerning competitiveness and economic growth potential as established by the Lisbon and Barcelona summit goals.

The database facilitates the sustainable production of high quality statistics using the methodologies of national accounts and input-output analysis. The input measures include various categories of capital, labour, energy, material and service inputs. Productivity measures were developed, in particular with growth accounting techniques. The database is used for analytical and policy-related purposes, in particular by studying the relationship between skill formation, technological progress and innovation on the one hand, and productivity, on the other