Publication

The Next Generation of the Penn World Table

Feenstra, R. C., Inklaar, R. & Timmer, M. P., 2-Oct-2015, In : American Economic Review. 105, 10, p. 3150-3182 33 p.

Research output: Contribution to journalArticleAcademicpeer-review

APA

Feenstra, R. C., Inklaar, R., & Timmer, M. P. (2015). The Next Generation of the Penn World Table. American Economic Review, 105(10), 3150-3182. https://doi.org/10.1257/aer.20130954

Author

Feenstra, Robert C. ; Inklaar, Robert ; Timmer, Marcel P. / The Next Generation of the Penn World Table. In: American Economic Review. 2015 ; Vol. 105, No. 10. pp. 3150-3182.

Harvard

Feenstra, RC, Inklaar, R & Timmer, MP 2015, 'The Next Generation of the Penn World Table', American Economic Review, vol. 105, no. 10, pp. 3150-3182. https://doi.org/10.1257/aer.20130954

Standard

The Next Generation of the Penn World Table. / Feenstra, Robert C.; Inklaar, Robert; Timmer, Marcel P.

In: American Economic Review, Vol. 105, No. 10, 02.10.2015, p. 3150-3182.

Research output: Contribution to journalArticleAcademicpeer-review

Vancouver

Feenstra RC, Inklaar R, Timmer MP. The Next Generation of the Penn World Table. American Economic Review. 2015 Oct 2;105(10):3150-3182. https://doi.org/10.1257/aer.20130954


BibTeX

@article{fa9288915a3940acab8e81e43e5cefe9,
title = "The Next Generation of the Penn World Table",
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.",
keywords = "INTERNATIONAL COMPARISONS, INDEX NUMBERS, PRICE LEVELS, REAL GDP, TRADE, PRODUCTIVITY, COUNTRIES, OUTPUT, QUALITY, TERMS",
author = "Feenstra, {Robert C.} and Robert Inklaar and Timmer, {Marcel P.}",
year = "2015",
month = "10",
day = "2",
doi = "10.1257/aer.20130954",
language = "English",
volume = "105",
pages = "3150--3182",
journal = "American Economic Review",
issn = "0002-8282",
publisher = "AMER ECONOMIC ASSOC",
number = "10",

}

RIS

TY - JOUR

T1 - The Next Generation of the Penn World Table

AU - Feenstra, Robert C.

AU - Inklaar, Robert

AU - Timmer, Marcel P.

PY - 2015/10/2

Y1 - 2015/10/2

N2 - 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.

AB - 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.

KW - INTERNATIONAL COMPARISONS

KW - INDEX NUMBERS

KW - PRICE LEVELS

KW - REAL GDP

KW - TRADE

KW - PRODUCTIVITY

KW - COUNTRIES

KW - OUTPUT

KW - QUALITY

KW - TERMS

U2 - 10.1257/aer.20130954

DO - 10.1257/aer.20130954

M3 - Article

VL - 105

SP - 3150

EP - 3182

JO - American Economic Review

JF - American Economic Review

SN - 0002-8282

IS - 10

ER -

ID: 19460703