The Level of Productivity in Traded and Non-Traded Sectors for a Large Panel of Countries
| Autor: | Rui Mano, Marola Castillo |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Western hemisphere
Industry classification Source data Purchasing power parity Sectoral Productivity Traded and Non-Traded Sectors industry productivity value added value products Open Economy Macroeconomics Economic Growth of Open Economies Value (economics) Aggregate (data warehouse) Econometrics General Earth and Planetary Sciences Price level Business Productivity General Environmental Science |
| Zdroj: | IMF Working Papers. 15:1 |
| ISSN: | 1018-5941 |
| DOI: | 10.5089/9781484392140.001 |
| Popis: | This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP) U.S. dollars. To construct these series, we collect industry-level data from several sources, and classify individual industries as traded/non-traded using their ratio of exports to value added. Finally, we aggregate the industry data up to a traded sector and a non-traded sector, accordingly. This new dataset has two main advantages relative to existing datasets: (i) it defines more finely the traded/non-traded sectors, by drawing on much more disaggregated industry source data; and (ii) it allows for meaningful comparisons of the level of productivity across countries/sectors because sectoral productivity is adjusted by its own price level. |
| Databáze: | OpenAIRE |
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