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WORLD KLEMS Initiative and second conference
The KLEMS framework provides data on sources of economic growth, including growth of the five inputs and productivity at the industry level. The WORLD KLEMS Conference will discuss applications of KLEMS data to research on economic growth and structural change. The conference will also consider issues in the measurement of capital services, labor services, and intermediate inputs, together with international comparisons based on industry-level purchasing power parities.
The EU (European Union) KLEMS study, completed in June 2008, presents the sources of economic growth for as many as 72 industries covering the period 1970 to the present for 25 of the 27 EU member states. The methodology and results are described in greater detail in the volume ECONOMIC GROWTH IN EUROPE: A COMPARATIVE INDUSTRY PERSPECTIVE by Marcel Timmer, Robert Inklaar, Mary O’Mahony, and Bart van Ark that will be published by the Cambridge University Press later this year.
Recently updated data for the 25 EU members, as well as Australia, Canada, Japan, Korea, and the U.S., are available at the EU KLEMS website: EU KLEMS Growth and Productivity Accounts
Efforts are underway to extend the KLEMS framework to important developing and transition economies. These include Argentina, Brazil, Chile, China, India, Indonesia, Mexico, Russia, Turkey, and Taiwan.
The CHINA KLEMS project involves Beihang University, the National Bureau of Statistics, and The Conference Board China Center. The RUSSIA KLEMS project involves the Higher School of Economics in Moscow, Rosstat, the Russian statistical agency, and Groningen University. The INDIA KLEMS project started in September 2009 and involves the Indian Council for Research on International Economic Relations (ICRIER), the Reserve Bank of India, and the Indian statistical agencies, as well as Groningen University.
The LA KLEMS project, covering Argentina, Brazil, Chile, and Mexico, was launched at a conference at the Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Chile, on December 10-11, 2009, and a second conference was held in Santiago on June 3-4. This project is organized by ECLAC/CEPAL and involves research teams from each of the four participating countries. Projects to cover Indonesia, Turkey, and Taiwan are underway at Groningen University.
The Third World KLEMS Conference will be held on May 19-20, 2014, in Tokyo, Japan, and will be hosted by the Research Institute of Economy, Trade and Industry (RIETI). The conference will give special attention to KLEMS research in Asia, focusing on recent developments in China, India, Japan, Korea and other Asian countries participating in the World KLEMS Initiative (link to memo). More information and call for papers will follow.
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