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In Search of the Silver Bullet for Productivity Growth: A Review Article of The Power of Productivity and Transforming the European Economy

Author

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  • Bart van Ark

Abstract

This article reviews The Power of Productivity by William W. Lewis and Transforming the European Economy by Martin Neil Baily and Jacob Funk Kirkegaard. While Lewis postulates a single silver bullet for productivity growth, namely the freedom of consumers, Baily and Kirkegaard advocate a broader package of measures. Despite what the reviewer feels is inadquate attention give by both volumes to innovation and education -- two areas that are generally felt to be very important in terms of productivity -- these books are sure to be seen as two of the major contributions to the debate on productivity and growth around the turn of the century.

Suggested Citation

  • Bart van Ark, 2005. "In Search of the Silver Bullet for Productivity Growth: A Review Article of The Power of Productivity and Transforming the European Economy," International Productivity Monitor, Centre for the Study of Living Standards, vol. 10, pages 79-86, Spring.
    • Handle: RePEc:sls:ipmsls:v:10:y:2005:6
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    Citations

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    Cited by:

    1. ., 2011. "Introduction to the Handbook of Regional Innovation and Growth," Chapters, in: Philip Cooke & Bjørn Asheim & Ron Boschma & Ron Martin & Dafna Schwartz & Franz Tödtling (ed.), Handbook of Regional Innovation and Growth, chapter 1, Edward Elgar Publishing.

    More about this item

    Keywords

    Productivity; Education; Innovation; Consumers; Book Review; Productivity Growth;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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