Asia KLEMS is an Asian regional research consortium to promote building database and conduct international productivity comparison among Asian countries based on KLEMS methodology adopted by EU KLEMS project. It was initiated in December 2010 by Professors Hak K. Pyo, Kyoji Fukao and Tsutomu Miyagawa who had participated in EU KLEMS project as representatives of Consortium Partner countries, the Republic of Korea and Japan, respectively.
Asia KLEMS has been established to follow up World KLEMS project initiated by Professor Jorgenson of Harvard University in August 2010. The First Asia KLEMS Conference was held at Asian Development Bank Institute in Tokyo on July 27, 2011 to help launch the Asia KLEMS project. The conference was jointly held by Research Institute of Economy, Trade and Industry (RIETI) of Japan, Hitotsubashi University Hi-Stat Project, and Asian Development Bank Institute (ADBI) under the guidance of the Asia KLEMS Committee.