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PWT Releases

PWT 8.1

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(DOI: 10.15141/S5NP4S)

PWT 8.1 is an updated version of PWT 8.0, covering the same countries and period. Released on: April 13, 2015

For the change relative to PWT 8.0, see the ‘What is new in PWT8.1’ document. If you are new to PWT, the document ‘The Next Generation of the Penn World Table’ is a good starting point, in particular Section I. For questions not covered in the documentation, please contact pwt@rug.nl.

Attribution requirement: when using these data (for whatever purpose), please make the following reference:

Feenstra, Robert C., Robert Inklaar and Marcel P. Timmer (2015), "The Next Generation of the Penn World Table" American Economic Review, 105(10), 3150-3182, available for download at www.ggdc.net/pwt
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Penn World Table 8.1 by Robert C. Feenstra, Robert Inklaar and Marcel P. Timmer is licensed under a Creative Commons Attribution 4.0 International License.


Data

Selective data access
Query Variable Name and Use Example
RGDPNA Real GDP using national-accounts growth rates, for studies comparing (output-based) growth rates across countries Dependent variable in (cross-country) growth regressions
CGDPe Expenditure-side real GDP at current PPPs, to compare relative living standards across countries at a single point in time Initial level in growth regressions requiring relative living standards
CGDPo Output-side real GDP at current PPPs, to compare relative productive capacity across countries at a single point in time Initial level in growth regressions requiring productive capacity or productivity
RGDPe Expenditure-side real GDP at chained PPPs, to compare relative living standards across countries and over time Living standards of China today compared to the US at some point in the past
RGDPo Output-side real GDP at chained PPPs, to compare relative productive capacity across countries and over time Productive capacity of China today compared to the US at some point in the past
DA Development accounting, the sources of differences in living standards at a point in time Is the US richer because of more inputs, higher productivity, or both?
GA Growth accounting, the sources of economic growth over time Analysis of the sources of economic growth over time

Notes: Real GDP variables are in (millions) of US dollars, not in per-capita terms. A population variable (acronym pop), which can be used to convert GDP into per-capita terms, is included in the relevant queries.

Expert data access

Documentation

Document Content
The Next Generation of the Penn World Table Paper introducing new concepts and new results of PWT8.1
What is new in PWT81 This document details the changes made in constructing PWT 8.1. Unless detailed in this document, the documentation that was provided with PWT 8.0 still applies for PWT 8.1.


Additional data and programs

File Content
NA data (Stata, Excel) The National Accounts data in current and constant national prices and exchange rate and population data
Program package The Stata data files and do-files necessary to replicate and customize PWT
Trade detail Exports and imports by Broad Economic Category, including shares in CGDPo and price levels
Expenditure share correlations Bilateral correlations between expenditure (budget) shares in the different global benchmark years
NA vintages (2009, 2010) Older vintages of NA data with data up to the indicated year
ICP benchmark data (1970, 1975, 1980, 1985, 1996) PPPs and expenditure at the most detailed level for publicly available benchmark years

This research received support through grants from the National Science Foundation and the Sloan Foundation.

Last modified:April 06, 2016 17:09