Bjarne and others, you might possibly be interested in knowing about the TCG (Geocentric Coordinate Time)
http://en.wikipedia.org/wiki/Geocentric_Coordinate_Time
this time is used for some astronomical purposes.
It is the time that would be told by a clock that is co-moving with the CENTER OF THE EARTH, but far enough removed so that it is not slowed down by being in Earth's gravity well.
There is also something analogous for the sun, called the TCB (Barycentric Coordinate Time) which is used in solar system astronomy because it is the time that the solar system can be imagined to be running on. It is the time that would be told by a clock co-moving with respect to the center of the sun---actually not the center of the sun, but the barycenter of the solar system. This is the center of gravity around which all the planets actually orbit----they do not orbit the sun exactly but rather the barycenter of the whole system. Moving in parallel with it, but far enough away not to be influenced by the sun's graviational field.
http://en.wikipedia.org/wiki/Barycentric_Coordinate_Time
One keeps track of these time standards, for example of TCG (referenced to the center of the earth), by modifying an average of readings from various atomic clocks. All the REAL clocks are distorted by their various motions and locations in gravitational field, so their time must be CORRECTED (using formulas similar to what George Jones was showing us, I would imagine) to give the true earth-center time.
As Wikipedia says, the TCG clock "ticks faster" than clocks on the Earth surface, by some fraction which is estimated in the article. Likewise the TCB clock ticks faster still, because it does not suffer the time dilation associated with the Earth's motion, or the dilation associated with the Earth's position deep in the gravity well of the inner solar system.
One can picture the TCB clock located somewhere in the Oort cloud in the outer reaches of the solar system, but always stationary with respect to the barycenter.