The Fifth World KLEMS Conference was hosted by Samuel W. Morris University Professor Dale W. Jorgenson on June 4 and 5, 2018.
The Fifth World KLEMS Conference was hosted by Samuel W. Morris University Professor Dale W. Jorgenson on June 4 and 5, 2018. The conference brought together researchers from throughout the world to discuss recent progress in the development and application of sectoral data sets on output, inputs of capital (K), labor (L), energy (E), materials (M), and services (S), and productivity or output per unit of input. These data sets are now available for more than forty countries. More than a dozen countries publish these data sets annually as part of the official national accounts, following the United Nations’ System of National Accounts 2008.
The World KLEMS Initiative has been set up to promote and facilitate the analysis of growth and productivity patterns around the world, based on a growth accounting framework. At the heart of the initiative is the gradually building up of new databases on output, inputs and productivity at a detailed industry level. Through harmonizing concepts, common standards and classifications, the data is comparable across countries. By sharing information and knowledge, amongst others through conferences and workshops, the World KLEMS consortium is committed to bring this work forward and help it to establish a firm grounding in the (inter)national statistical systems.
Financial support for this conference was provided by the Donald Marron Center for Economic Data at Harvard University.