TREND: Groningen Growth and Development Centre. Penn World Table 9.1: Index of Human Capital per Person | Country: Denmark, Finland, Iceland, Norway, Sweden, 1950 - 2017. Data Planet™ Statistical Datasets: A SAGE Publishing Resource Dataset-ID: 071-004-008

Groningen Growth and Development Centre. Penn World Table 9.1: Index of Human Capital per Person | Country: Denmark, Finland, Iceland, Norway, Sweden, 1950 - 2017. Data Planet™ Statistical Datasets: A SAGE Publishing Resource Dataset-ID: 071-004-008 Dataset: Provides an index of human capital per pe...

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Bibliographic Details
Main Author: Groningen Growth And Development Centre
Format: Article in Journal/Newspaper
Language:English
Published: Data Planet™ Statistical Datasets: A SAGE Publishing Resource 2020
Subjects:
Online Access:https://dx.doi.org/10.6068/dp17372ca456f15
https://statisticaldatasets.data-planet.com/dataplanet/Datasheet_DOI_Servlet?ID=17372ca456f15&type=gwtdatasheet
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Summary:Groningen Growth and Development Centre. Penn World Table 9.1: Index of Human Capital per Person | Country: Denmark, Finland, Iceland, Norway, Sweden, 1950 - 2017. Data Planet™ Statistical Datasets: A SAGE Publishing Resource Dataset-ID: 071-004-008 Dataset: Provides an index of human capital per person, which is based on average years of schooling and the return to education. The Penn World Table (PWT) displays a set of national accounts economic time series covering 182 countries for the period 1950-2017. Its expenditure entries are denominated in a common set of prices in a common currency so that real quantity comparisons can be made, both between countries and over time. It also provides information about relative prices within and between countries, as well as demographic data and capital stock estimates. Following the regionalization of the United Nations International Comparison Programme (ICP) beginning with the 1980 benchmark, Robert Summers and Alan Heston at the Center for International Comparisons of Production, Income and Prices (CICUP) at the University of Pennsylvania used ICP benchmark comparisons as a basis for estimating PPPs (purchasing power parities) for non-benchmark countries and extrapolations backward and forward in time. The Penn World Tables are described in Summers and Heston "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988" (Quarterly Journal of Economics, 1991, May, 327-368). The final version of the PWT (7.1) produced at CICUP was released in 2011. After 2012 PWT is being jointly maintained by Robert Feenstra at University of California-Davis, and Marcel Timmer and Robert Inklaar at the University of Groningen, and hosted at the Groningen Growth and Development Centre. The current version PWT 9.0 was prepared by Robert C. Feenstra, Robert Inklaar , and Marcel P. Timmer, and was released in June 2016. PWT 9.0 incorporates three broad categories of changes: (1) the incorporation of new purchasing power parities (PPPs) data from the 2011 International Comparison Program (ICP) and other sources; (2) the incorporation of revised and extended National Accounts data, covering the period up to 2014; and (3) revised estimates of factor input data and labor cost shares. https://doi.org/10.15141/S50T0R Category: Education, International Relations and Trade Subject: Educational Attainment, Economic Development, Gross Domestic Product (GDP), Human Capital, Social Development Source: Groningen Growth and Development Centre The Groningen Growth and Development Centre was founded in 1992 within the Economics Department of the University of Groningen by a group of researchers working on comparative analysis of levels of economic performance and differences in growth rates. The research activities of the Centre are largely based on a range of comprehensive databases on indicators of growth and development that the Centre compiles and maintains on a regular basis. The Centre hosts updates of the Penn World Table, originally produced at the Center for International Comparisons of the University of Pennsylvania, beginning with v8.0. https://www.rug.nl/ggdc/