EU KLEMS October 2012 Release

New investment data has been provided by the EU KLEMS consortium partners. Most importantly, a new industrial classification is used based on the new international ISIC Revision 4 industry classification, which is consistent with the European NACE 2 industry classification. The National Accounts (NA) data in the new classification is typically provided for shorter time series than were previously available in the ISIC Rev. 3 (NACE 1) classification.

We back-cast time series of output and labour data using growth rates from the earlier data in the ISIC Rev. 3 classification. These imputations are denoted in grey in the new release. Sources and methods The EU KLEMS updates in the new ISIC Rev. 4 industry classification are being done on a country by country basis.

Sources and methods documentation is available separately for each country. The following institutes have partnered with us to construct these data, additional information can be found on their respective websites: STATSWE (Sweden) STATFI (Finland) FPB (Belgium) JIP (Japan) BEA/BLS (United States) CBS (Netherlands) NIESR (United Kingdom) DIW (Germany) ISTAT (Italy) WIFO (Austria) CEPII (France) IVIE (Spain) More information on additional EU KLEMS releases can be found on the website of the Groningen Growth and Development Centre (GGDC).

The original website of the EU KLEMS project, on which these data were first released, has been archived, but is still available through the Internet Archive. This update of the EU KLEMS database is part of the INDICSER project. This project is funded by the European Commission, Research Directorate General as part of the 7th Framework Programme, Theme 8: Socio-Economic Sciences and Humanities.

Grant Agreement no: 244 709 Any errors or omissions in this update of the EU KLEMS database are entirely the responsibility of the GGDC (Groningen Growth and Development Centre).