Total Economy Growth Accounting Database

All series derived from this database need to be referred to as: "Marcel P. Timmer, Gerard Ypma and Bart van Ark (2003), 'IT in the European Union: Driving Productivity Divergence?', Groningen Growth and Development Centre Research Memorandum GD-67, Groningen: University of Groningen, Appendix Tables, updated June 2005"

The GGDC Total Economy Growth Accounting Database has been set up to assess the impact of IT on aggregate economic growth performance in the European Union and the United States. It contains data on gross fixed capital formation at constant and current prices for six assets types, including three IT assets (office equipment, communication equipment and software), together with growth rates of capital stocks and services. Total factor productivity growth is derived by combining the capital input data with growth in output and labour input in a growth accounting framework. The database covers 15 European Countries, the European Union and the United States for the period 1980-2004. Detailed annual series on all variables are provided in the country files below. A full description and analysis of the database can be found in:

The June 2005 set is an update of the tables of October 2003. In comparison with the previous set the database has been extended with Luxembourg and updated to 2004. As the methodology underlying this dataset did not change, the Research Memorandum mentioned above can still be consulted for a description and analysis. The sources used for the construction of this set can be downloaded below.

Downloadable Data

Sources and Methods

Examples of Research Based on this Database

Previous Version of this Database