This article is about an economic statistics project. View a list of all economic statistics projects
The Maddison Project, also known as the Maddison Historical Statistics Project, is a project to collate historical economic statistics, such as GDP, GDP per capita, and labor productivity. It was launched in March 2010 to continue the work of the late economic historian Angus Maddison. The project is under the Groningen Growth and Development Centre at the University of Groningen, which also hosts the Penn World Table, another economic statistics project.
This page describes the data and methods both produced by the explicit Maddison Project and produced by Angus Maddison before his death (since the Maddison Project is continuation of his work).
|Start date|| March 2010 for the explicit Maddison Project|
1960s for the original work by Angus Maddison that was the genesis of the project.:3
|Data versioning|| Only one update released as Maddison Project, published January 2013 with data till 2010.|
Multiple versions by Angus Maddison, the last of which was published in February/March 2010.
|Focus|| Historical: identify general ballparks and trends in living standards and economic growth over long time periods.|
Provide better insight into the timeline of the Great Divergence between Western Europe and other regions that were historically similarly situated, such as China and India.
|PPP comparison method used||The method developed by Kravis, Heston, and Summers for the International Comparison Program. The same method is used by the Penn World Table.|
The list of versions is incomplete.
|Version||Formats available||Year of publication||Month of publication||Most recent year till which data is present||Dimensions (inputs)||Metrics (outputs)|
|Maddison 2010 (version published at start of Maddison Project)||Excel spreadsheet, both horizontal (years are columns) and vertical (years are rows)||2010||March (for explanatory note), February (for data)||Country (or geographical region) and year||Population, real GDP, real GDP per capita, population growth, real GDP growth, real GDP per capita growth|
|Maddison 2013 (first update by Maddison Project)||Excel spreadsheet, only vertical (years are rows)||Country (or geographical region) and year||Real GDP per capita|
Data dimensions and metrics
The data presented in the Maddison Project database is a partial function where:
- The inputs (the dimensions) are country and year.
- The metrics include:
- Population: Included in
- Real GDP
- eal GDP per capita, expressed in 1990 international Geary–Khamis dollars. For simplicity, we will refer to this as GDP per capita.
While calendar years are the finest granularity at which data is presented, not all calendar years have data. Here is a description of how the granularity changes over time. Note that we count an year is present if there is data for at least one country for that year.Cite error: Closing
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|Branko Milanović||World Bank||Development economist|| Only source for long-run national GDPs going back to 1920s|
Also, differing conclusions about Chinese GDP and growth rates due to higher estimates of their price levels
|Morten Jerven||Norwegian University of Life Sciences||Development economist||One of three main sources of GDP numbers|
|Bill Gates||Bill & Melinda Gates Foundation||Smart well-read person||Mostly echoes Jerven|
|Paul Krugman||New York Times||Economist, columnist||Data source for historical debt, growth, and labor output and productivity data.|
- Penn World Table
- World Development Indicators
- The World Economy: Historical Statistics, a 2004 book by Angus Maddison that is an early precursor of the work done by the Maddison Project
- Angus Maddison statistics of the ten largest economies by GDP (PPP)
- "Maddison Project". Retrieved October 3, 2017.
- Milanović, Branko (July 19, 2013). "The end of a long era". World Bank. Retrieved October 3, 2017.
- "The Database. Penn World Table version 9.0". Groningen Growth and Development Centre. Retrieved October 3, 2017.
- Bolt, Jutta; van Zanden, Jan Luiten (January 2013). "The First Update of the Maddison Project Re-Estimating Growth Before 1820" (PDF). Retrieved October 3, 2017.
- Cite error: Invalid
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- "Background notes on "Historical Statistics" in www.ggdc.net/Maddison" (PDF). March 1, 2010. Retrieved October 7, 2017.
- "Horizontal file". February 1, 2010. Retrieved October 7, 2017.
- "Vertical file". February 1, 2010. Retrieved October 7, 2017.
- Jerven, Morten. "Why Do GDP Growth Rates Differ?". Retrieved October 3, 2017.
- Gates, Bill (May 8, 2013). "Bill Gates: how GDP understates economic growth. GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people". The Guardian. Retrieved October 3, 2017.
- Krugman, Paul (April 26, 2013). "Debt and Growth Data". New York Times. Retrieved October 3, 2017.