A detailed examination of the determinants of industry growth is of particular relevance to industrial policy. This article uses a comprehensive panel approach to analyse the growth process of manufacturing industries in the EU countries over the period 1985-1997. Following a review theoretical hypotheses and previous empirical literature, stylised facts about the growth process in European manufacturing over the past ten years are presented. A presentation of panel estimates concludes the paper.
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Article provided by WIFO in its journal Quarterly.
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