G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19255
来源IDWorking Paper 19255
The Next Generation of the Penn World Table
Robert C. Feenstra; Robert Inklaar; Marcel Timmer
发表日期2013-07-25
出版年2013
语种英语
摘要We describe the theory and practice of real GDP comparisons across countries and over time. Effective with version 8, the Penn World Table (PWT) will be taken over by the University of California, Davis and the University of Groningen, with continued input from Alan Heston at the University of Pennsylvania. Version 8 will expand on previous versions of PWT in three respects. First, it will distinguish real GDP on the expenditure side from real GDP on the output side, which differ by the terms of trade faced by countries. Second, it will distinguish growth rates of GDP based on national accounts data from growth rates that are benchmarked in multiple years to cross-country price data. Third, data on capital stocks will be reintroduced. Some illustrative results from PWT version 8 are discussed, including new results that show how the Penn effect is not emergent but a stable relationship over time.
主题Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w19255
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576930
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GB/T 7714
Robert C. Feenstra,Robert Inklaar,Marcel Timmer. The Next Generation of the Penn World Table. 2013.
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