image missing
HOME SN-BRIEFS SYSTEM
OVERVIEW
EFFECTIVE
MANAGEMENT
PROGRESS
PERFORMANCE
PROBLEMS
POSSIBILITIES
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
PETER
BURGESS
SiteNav SitNav (0) SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8)
Date: 2022-07-04 Page is: DBtxt001.php txt00021593
ECONOMICS
THE PENN WORLD TABLE

The Next Generation of the Penn World Table


Open PDF: PWT 8.0 ... The-Next-Generation-of-the-Penn-World-Table-2015

Original material: https://www.rug.nl/ggdc/productivity/pwt/
Burgess COMMENTARY

Peter Burgess
The Next Generation of the Penn World Table

By Robert C. Feenstra, Robert Inklaar, and Marcel P. Timmer*

ABSTRACT

We describe the theory and practice of real GDP comparisons across countries and over time.

Version 8 of the Penn World Table expands on previous versions in three respects.
  • First, in addition to comparisons of living standards using components of real GDP on the expenditure side, we provide a measure of productive capacity, called real GDP on the output side.
  • Second, growth rates are benchmarked to multiple years of cross-country price data so they are less sensitive to new benchmark data.
  • Third, data on capital stocks and productivity are (re)introduced.
Applications including the Balassa-Samuelson effect and development accounting are discussed.
(JEL C43, C82, E01, E23, I31, O47)

The text being discussed is available at

and
SITE COUNT<
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved.