An overview of the EU KLEMS Growth and Productivity Accounts

The EU KLEMS project represents a unique collective effort on behalf of academics, statisticians and policy makers to provide fundamental policy insights into the changes which have occurred at the industry level in Europe, the US and Japan over recent decades. The present paper has focussed on providing firstly, an overview of the contents and policy significance of the EU KLEMS project and secondly, a series of analyses which illustrate the usefulness of the project's datasets and its conceptual framework. Keywords: GDP growth, productivity, growth accounting