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Pieter (Jop) WOLTJER

Postdoc Economic History – University of Groningen

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Productivity

Article: Is Egypt Really More Productive than the United States?

The Data behind the Penn World Table

ABSTRACT: A new feature in recent versions of the Penn World Table (PWT) is data on comparative levels of total factor productivity (TFP) across countries. TFP is defined as the efficiency with which inputs are transformed into outputs, and differences across countries can be due to factors such as better technology or better resource allocation. Yet, surprisingly, in PWT version 10.0, a number of low-income countries have a TFP level well above that of the United States. Continue reading “Article: Is Egypt Really More Productive than the United States?”

Working Paper: Long-run World Input-Output Database

Version 1.0 Sources and Methods

ABSTRACT: In this paper we outline the construction of the WIOD for a longer period, namely from 1965 onwards, hence the name Long-run WIOD (LR-WIOD). This encompasses the period of rapid growth in the world economy Continue reading “Working Paper: Long-run World Input-Output Database”

Working Paper: Inconsistencies in Comparing Relative Prices Over Time

Patterns and Facts

ABSTRACT: Purchasing power parities (PPPs) aim to measure relative price levels across countries, like inflation aims to measure relative price levels over time. Ideally, the change in PPPs over time should be consistent with relative inflation, Continue reading “Working Paper: Inconsistencies in Comparing Relative Prices Over Time”

Working Paper: What is new in PWT 10.0?

ABSTRACT: The release of the Penn World Table version 10.0 is the fifth release since the switch to the ‘Next Generation of the Penn World Table’, see Feenstra, Inklaar and Timmer (2015). PWT 10.0 is a database with information on relative levels of income, output, input and productivity, covering 183 countries between 1950 and 2019. Continue reading “Working Paper: What is new in PWT 10.0?”

Column: Historical Productivity Growth from Run of the Mill Industries

Evidence from the United States

Historically, productivity growth was not all about high tech sectors and research and development (R&D) expenditure. A new study published The Economic Journal finds that the great majority of productivity originated in other, more ‘run-of-the-mill’ industries. Continue reading “Column: Historical Productivity Growth from Run of the Mill Industries”

Dataset: U.S. Growth Accounts, 1899-1941

A growth decomposition for the U.S. private domestic economy and a 38-industry breakdown. For peak years between 1899 and 1941, this dataset includes detailed estimates for output, employment, hours worked, labor quality, labor services, capital stocks, capital quality, capital services and  Continue reading “Dataset: U.S. Growth Accounts, 1899-1941”

Working Paper: What is new in PWT 9.1?

ABSTRACT: The release of the Penn World Table version 9.1 is the fourth release since the switch to the ‘Next Generation of the Penn World Table’, see Feenstra, Inklaar and Timmer (2015). PWT 9.1 does contain important new and revised data. Continue reading “Working Paper: What is new in PWT 9.1?”

Working Paper: WIOD Socio-Economic Accounts 2016

ABSTRACT: This document describes the sources and methods used for estimation of data on capital stocks and employment variables for the 43 countries included in the WIOD 2016 database, called the Socio-Economic Accounts (SEAs). Continue reading “Working Paper: WIOD Socio-Economic Accounts 2016”

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