World KLEMS initiative Marcel Timmer Groningen Growth and Development Centre University of Groningen (presentation at World KLEMS conference, Harvard,

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Presentation transcript:

World KLEMS initiative Marcel Timmer Groningen Growth and Development Centre University of Groningen (presentation at World KLEMS conference, Harvard, August, 2010)

World KLEMS Aim of World KLEMS initiative: Establishing an international network of researchers involved in building KLEMS databases Bringing together national databases that facilitate the analysis of growth and productivity at the industry level. Create spillovers in knowledge for producers and added benefits to users of databases Incorporation of productivity measures in System of National Accounts

What can WORLD KLEMS do for you? Provide platform for releasing your productivity data and research through the website: Ranging from simply providing a link to the relevant webpages at your institute to Posting relevant material concerning productivity statistics and research posting your analytical database, prepared according to WORLD KLEMS conventions, and underlying reference material

What can WORLD KLEMS do for you?

Standardisation in World KLEMS Broad guidelines ( e.g. int. classifications, SNA, OECD manuals on productivity and capital, Eurostat handbooks, Jorgensons growth accounts etc.) Implementation conventions needed, e.g. as developed in the EU KLEMS project Industry classification, level of industry detail and aggregation Measurement of labour services (types, wage-concept) Measurement of capital services (depreciation patterns and rates, rental prices, types) Measurement of multi factor productivity (value added, gross output)

Experience of EU KLEMS Importance of difference between Statistical database: solely based on published official statistics from National Accounts Analytical databases: e.g. linking series over time, splitting industries and using world klems implementation rules that differ from national rules (e.g. calculation of capital stocks and types) Users not only interested in productivity series but also in underlying output, labour and capital input series. Users (academics, policy analists, media) appreciate one-stop shop for international productivity statistics

Extending WORLD KLEMS Potential satellite databases to be added Micro-level indicators (number of firms, firm size, distribution statistics) Innovation (R&D, intangibles, patents) Foreign direct investment and sales International trade Environmental indicators E.g. WIOD (World input-output database) Link to maintain is the industry-classification and industry-detail

WORLD KLEMS: Next steps The Groningen Growth and Development Centre will act as coordinator for the website Mail your contributions to World KLEMS website to me We will start to populate the webpage soon. Second World KLEMS Conference for August 9-10 (or 9-11) in Cambridge, 2012, back-to-back to IARIW/CRIW meeting Aim for a book with contributions from participants Open for new suggestions and ideas