The Norwegian KLEMS Growth and Productivity Accounts. 1997-2014

Abstract

This paper documents the theoretical methodologies and practical compilation procedures for constructing the Norwegian KLEMS database 1997-2014. This database comprises output, intermediate input, labor, capital, and multi-factor and labor productivity accounts for each disaggregated industry, all being organized within the modern growth accounting framework.

For each account, some results and analyses are presented with the purpose of showing the richness of the whole database. The database can be used not only for productivity analysis, but also for undertaking empirical and theoretical research in many other areas, such as skill creation, capital development, technological progress, R&D activities, as well as economic growth more generally.