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Total Economy Database

3,879 bytes added, 23:02, 21 October 2017
Reception
==Summary==
 
==Glossary==
 
Various acronyms and terms are used in the Total Economy Database spreadsheets and documentation. Since there seems to be no unified place for these on the Conference Board website, we collect them here.
 
{| class="sortable wikitable"
|-
! Term !! Expansion !! Meaning !! Examples
|-
| EKS || Eltetö–Köves–Szulc<ref>{{cite web |url=http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.423.3946&rep=rep1&type=pdf |title=Understanding PPPs and PPP-based national accounts |first1=Angus |last1=Deaton |first2=Alan |last2=Heston |date=November 2009 |accessdate=October 21, 2017 |archiveurl=https://web.archive.org/web/20171021193202/http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.423.3946&rep=rep1&type=pdf |archivedate=October 21, 2017 |dead-url=no}}</ref><ref>{{cite web |url=https://stats.oecd.org/glossary/detail.asp?ID=5525 |author=OECD Statistics Directorate |title=OECD Glossary of Statistical Terms - EKS method Definition |accessdate=October 21, 2017 |quote=A multilateral method developed by O. Elteto, P. Koves and B. Szulc [Schultz] that computes the nth root of the product of all possible Fisher indexes between n countries. It has been used at the detailed heading level to obtain heading parities, and also at the GDP level. EKS has the properties of base-country invariance and transitivity. }}</ref> ||
|-
| ICT ||
|-
| GK || Geary&ndash;Khamis ||
|-
| LP || Labor productivity ||
|-
| EMP || Employment || Just a shortened form of "employment", used in some sheet names. || N/A
|-
| XR || Exchange rate
|-
| Original || N/A ||
|-
| Adjusted || N/A ||
|-
| gr || Growth ||
|-
| TFP || Total Factor Productivity ||
|}
==Versions==
==Data description==
 
=== Data dimensions and metrics ===
 
The data presented in the Total Economy Database are a partial function where:
 
* The inputs (the dimensions) are region (country or aggregate region) and year.
* The metrics include:
** Population
** GDP
** GDP per capita
** Total annual hours worked
 
====Year dimension====
 
Each spreadsheet has a year range that it covers. The start year is 1950, 1980, or 1990 in most cases, and the end year is the publication year or 1&ndash;2 years prior to publication. Even if a year is covered in the spreadsheet, some values may be missing depending on the region and metric.
 
====Region dimension====
 
The region dimension includes most modern countries. For China, there are "official" and "alternative" versions. For regional aggregates spreadsheets, a "Country / Region" is given, usually with a broader region than just a country (e.g. "Latin America", "Middle East & North Africa", "Europe", "{{W|EU-15}}", "OECD").
 
====Other information====
 
At least one spreadsheet uses italics, but I forgot which one and for what meaning.
==Data sources==
| Martin Wolf<ref>{{cite web |url=https://www.ft.com/content/cd1c369c-84c7-11e6-8897-2359a58ac7a5 |title=Economic ills of the UK extend well beyond Brexit |date=September 29, 2016 |publisher=[[wikipedia:Financial Times|Financial Times]] |author=Martin Wolf |accessdate=October 21, 2017}}</ref> || ''Financial Times'' || Economics commentator<ref>{{cite web |url=https://www.ft.com/comment/columnists/martin-wolf |title=Martin Wolf |publisher=[[wikipedia:Financial Times|Financial Times]] |accessdate=October 21, 2017}}</ref> || Calls the database "invaluable".
|-
| Max Roser<ref>{{cite web |url=https://ourworldindata.org/economic-growth#data-sources |publisher=Our World in Data |title=Economic Growth § Data Sources |year=2017 |accessdate=October 21, 2017}}</ref> || ''Our World in Data'' || Economist || Lists the database as one of the data sources for GDP.|-| Lots of folks<ref>{{cite web|url = https://www.mckinsey.com/global-themes/americas/a-tale-of-two-mexicos|title = A tale of two Mexicos: Growth and prosperity in a two-speed economy|last = Bolio|first = Eduardo|last2 = Remes|first2 = Jaana|last3 = Lajous|first3 = Tomás|last4 = Manyika|first4 = James|last5 = Ramirez|first5 = Eugenia|last6 = Rossé|first6 = Morten|publisher = [[McKinsey & Company]]}}</ref> || [[McKinsey & Company]] ||Consultants, maybe with economics specialization || Useful (and hence used) "for country productivity numbers, which can be compared across nations going back to 1950."|-| Brink Lindsey<ref>{{cite web|url = https://object.cato.org/sites/cato.org/files/pubs/pdf/pa737_web_1.pdf|title = Why Growth is Getting Harder|last = Lindsey|first = Brink|publisher = [[Cato Institute]]}}</ref> || [[Cato Institute]] || Think tank researcher with interest in growth economics || Useful for comparing annual growth in real GDP per capita between the periods 1973 to 1990 and 1990 to 2007.
|}

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