pwt8.1: Penn World Table 8.1
Description
Relative levels of income, output, inputs, productivity for
167 countries between 1950 and 2011 (base year: 2005).
Format
A data frame with 10,354 observations of 39 variables.
- country
- factor with country name.
- isocode
- factor with ISO 3166-1 alpha-3 country code.
- year
- year.
- currency
- factor with national currency unit.
- rgdpe
- Expenditure-side real GDP at chained PPPs
(in million 2005 USD).
- rgdpo
- Output-side real GDP at chained PPPs (in million 2005 USD).
- pop
- Population (in millions).
- emp
- Number of persons engaged (in millions).
- avh
- Average annual hours worked by persons engaged.
- hc
- Index of human capital per person, based on years of schooling
(Barro and Lee 2013) and returns to education (Psacharopoulos 1994).
- ccon
- Real consumption of households and government, at current PPPs
(in million 2005 USD).
- cda
- Real domestic absorption, (real consumption plus investment),
at current PPPs (in million 2005 USD).
- cgdpe
- Expenditure-side real GDP at current PPPs
(in million 2005 USD).
- cgdpo
- Output-side GDP at current PPPs (in million 2005 USD).
- ck
- Capital stock at current PPPs (in million 2005 USD).
- ctfp
- TFP level at current PPPs (USA = 1).
- cwtfp
- Welfare-relevant TFP levels at current PPPs (USA = 1).
- rgdpna
- Real GDP at constant 2005 national prices
(in million 2005 USD).
- rconna
- Real consumption at constant 2005 national prices
(in million 2005 USD).
- rdana
- Real domestic absorption at constant 2005 national prices
(in million 2005 USD).
- rkna
- Capital stock at constant 2005 national prices
(in million 2005 USD).
- rtfpna
- TFP at constant national prices (2005 = 1).
- rwtfpna
- Welfare-relevant TFP at constant national prices (2005 = 1).
- labsh
- Share of labour compensation in GDP at current
national prices.
- delta
- Average depreciation rate of the capital stock.
- xr
- Exchange rate, national currency/USD (market and estimated).
- pl_con
- Price level of CCON (PPP/XR, price level of USA GDPo in 2005 = 1).
- pl_da
- Price level of CDA (PPP/XR, price level of USA GDPo in 2005 = 1).
- pl_gdpo
- Price level of CGDPo (PPP/XR,
price level of USA GDPo in 2005 = 1).
- i_cig
- Factor indicating whether relative price data for consumption,
investment, and government is extrapolated, benchmark, or interpolated.
- i_xm
- Factor indicating whether relative price data for exports and
imports is extrapolated, benchmark, or interpolated.
- i_xr
- Factor indicating whether the exchange rate is
market-based or estimated.
- i_outlier
- Factor indicating whether the observation on
pl_gdpe
or pl_gdpo is an outlier or not. - cor_exp
- Correlation between expenditure shares of the country
and the US (benchmark observations only).
- statcap
- Statistical capacity indicator
(source: World Bank, developing countries only).
- csh_c
- Share of household consumption at current PPPs.
- csh_i
- Share of gross capital formation at current PPPs.
- csh_g
- Share of government consumption at current PPPs.
- csh_x
- Share of merchandise exports at current PPPs.
- csh_m
- Share of merchandise imports at current PPPs.
- csh_r
- Share of residual trade and GDP statistical discrepancy
at current PPPs.
- pl_c
- Price level of household consumption (price level of
USA GDPo in 2005 = 1).
- pl_i
- Price level of capital formation (price level of
USA GDPo in 2005 = 1).
- pl_g
- Price level of government consumption (price level of
USA GDPo in 2005 = 1).
- pl_x
- Price level of exports (price level of USA GDPo in 2005 = 1.
- pl_m
- Price level of imports (price level of USA GDPo in 2005 = 1.
- pl_k
- Price level of the capital stock
(price level of USA in 2005 = 1.
Details
The Penn World Table (version 8.1) is a database with information on
relative levels of income, output, inputs, productivity for 167 countries
between 1950 and 2011. For more details see Feenstra, Inklaar, and Timmer (2015ab)
provided at http://www.ggdc.net/pwt/. PWT 8.1 is an updated version of
PWT 8.0, covering the same countries and period, see also pwt8.0.
References
Feenstra RC, Inklaar R, Timmer MP (2015).
The Next Generation of the Penn World Table,
American Economic Review, forthcoming.
URL http://www.ggdc.net/pwt/.