pwt10.01 {pwt10}

Penn World Table 10.01

Description

Relative levels of income, output, input, and productivity for 183 countries between 1950 and 2019 (base year: 2017).

Usage

data("pwt10.01")

Format

A data frame with 12,810 observations of 52 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 2017 USD).

rgdpo

Output-side real GDP at chained PPPs (in million 2017 USD).

pop

Population (in millions).

emp

Number of persons engaged (in millions).

avh

Average annual hours worked by persons engaged.

hc

Human capital index, based on years of schooling and returns to education; see Human capital in PWT9.

ccon

Real consumption of households and government, at current PPPs (in million 2017 USD).

cda

Real domestic absorption, (real consumption plus investment), at current PPPs (in million 2017 USD).

cgdpe

Expenditure-side real GDP at current PPPs (in million 2017 USD).

cgdpo

Output-side real GDP at current PPPs (in million 2017 USD).

cn

Capital stock at current PPPs (in million 2017 USD).

ck

Capital services levels at current PPPs (USA = 1).

ctfp

TFP level at current PPPs (USA = 1).

cwtfp

Welfare-relevant TFP levels at current PPPs (USA = 1).

rgdpna

Real GDP at constant 2017 national prices (in million 2017 USD).

rconna

Real consumption at constant 2017 national prices (in million 2017 USD).

rdana

Real domestic absorption at constant 2017 national prices (in million 2017 USD).

rnna

Capital stock at constant 2017 national prices (in million 2017 USD).

rkna

Capital services at constant 2017 national prices (2017 = 1).

rtfpna

TFP at constant national prices (2017 = 1).

rwtfpna

Welfare-relevant TFP at constant national prices (2017 = 1).

labsh

Share of labour compensation in GDP at current national prices.

irr

Real internal rate of return.

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 2017 = 1.

pl_da

Price level of CDA (PPP/XR), price level of USA GDPo in 2017 = 1.

pl_gdpo

Price level of CGDPo (PPP/XR), price level of USA GDPo in 2017 = 1.

i_cig

Factor indicating whether relative price data for consumption, investment, and government is extrapolated, benchmark, interpolated, ICP PPP timeseries: benchmark or interpolated, or ICP PPP timeseries: extrapolated.

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.

i_irr

Factor indicating whether the observation for irr is regular (not an outlier), may be biased due to a low capital share, hit the lower bound of 1 percent, or is an outlier.

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 2017 = 1).

pl_i

Price level of capital formation (price level of USA GDPo in 2017 = 1).

pl_g

Price level of government consumption (price level of USA GDPo in 2017 = 1).

pl_x

Price level of exports (price level of USA GDPo in 2017 = 1).

pl_m

Price level of imports (price level of USA GDPo in 2017 = 1).

pl_n

Price level of the capital stock (price level of USA in 2017 = 1).

pl_k

Price level of the capital services (price level of USA = 1).

Details

The Penn World Table (version 10.01) is a database with information on relative levels of income, output, input, and productivity, covering 183 countries between 1950 and 2019. It is provided at https://www.rug.nl/ggdc/productivity/pwt/ under the Creative Commons Attribution License (CC-BY), see Feenstra, Inklaar, and Timmer (2021, 2015) for more details. Version 10.01 is a minor revision of the previous version 10.0, which represents the fifth major release since the switch to the Next Generation of the Penn World Table of PWT versions 8.0 and 8.1 (see Feenstra, Inklar, and Timmer 2015), followed by version 9.0 and 9.1. Section I of Feenstra et al. (2015) is still the recommended starting point as the main structure of the database and definition of its variables are unchanged in PWT 10.01.

The changes in version 10.01 relate to the calculation of investment deflators and primarily affect the *na variables for capital and TFP, i.e., those primarily designed to capture growth over time.

Source

Groningen Growth and Development Centre (2023). Penn World Table 10.01, DataverseNL. doi:10.34894/QT5BCC.

References

Feenstra RC, Inklaar R, Timmer MP (2021). PWT 10.0: A User's Guide. URL https://www.rug.nl/ggdc/productivity/pwt/.

Feenstra RC, Inklaar R, Timmer MP (2015). The Next Generation of the Penn World Table, American Economic Review, 105(10), 3150–3182.