My da|ra Login

Detailed view

metadata language: English

Replication data for: The Next Generation of the Penn World Table

Resource Type
  • Feenstra, Robert C.
  • Inklaar, Robert
  • Timmer, Marcel P.
Publication Date
  • 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)
  • Is supplement to
    DOI: 10.1257/aer.20130954 (Text)
  • Feenstra, Robert C., Robert Inklaar, and Marcel P. Timmer. “The Next Generation of the Penn World Table.” American Economic Review 105, no. 10 (October 2015): 3150–82.
    • ID: 10.1257/aer.20130954 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Feenstra, Robert C.; Inklaar, Robert; Timmer, Marcel P. (2015): Replication data for: The Next Generation of the Penn World Table. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.