Total Economy Database
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The Total Economy Database was developed at the Groningen Growth and Development Centre (GGDC) in the University of Groningen in the Netherlands in the early 1990s. Starting in the late 1990s, it began to be produced jointly by GGDC and The Conference Board, a nonprofit founded in 1916 that works on the relationship between business and labor in 60 countries. In 2007, the database was transferred over to The Conference Board, and remains with The Conference Board as of 2017.[1][6]
Data and refresh frequency
The database used to be refreshed annually, in January to include data till the most recent completed year.[7][2][6] However, starting 2015, the database has been updated twice a year, once in May and once later in the year (September or November).[7] The database usually includes:
- Output, labor, and productivity from 1950 to the present or most recently completed year
- Regional aggregates from 1990 to the most recently completed year
- Growth accounting and total factor productivity from 1990 or 1995 to the most recently completed year