Replication data for: The Next Generation of the Penn World Table
- Feenstra, Robert C.
- Inklaar, Robert
- Timmer, Marcel P.
AbstractWe 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. https://doi.org/10.1257/aer.20130954.
- ID: 10.1257/aer.20130954 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12