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Economic Growth in Europe

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  • Timmer,Marcel P.
  • Inklaar,Robert
  • O'Mahony,Mary
  • Ark,Bart van

Abstract

Why has European growth slowed down since the 1990s while American productivity growth has speeded up? This book provides a thorough and detailed analysis of the sources of growth from a comparative industry perspective. It argues that Europe's slow growth is the combined result of a severe productivity slowdown in traditional manufacturing and other goods production, and a concomitant failure to invest in and reap the benefits from Information and Communications Technology (ICT), in particular in market services. The analysis is based on rich new databases including the EU KLEMS growth accounting database and provides detailed background of the data construction. As such, the book provides new methodological perspectives and serves as a primer on the use of data in economic growth analysis. More generally, it illustrates to the research and policy community the benefits of analysis based on detailed data on the sources of economic growth.

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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521198875 and published in 2010.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521198875
Handle: RePEc:cup:cbooks:9780521198875

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Web page: http://www.cambridge.org

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Cited by:
  1. Raquel Ortega-Argilés & Mariacristina Piva & Marco Vivarelli, 2013. "Productivity gains from R&D investment: are high-tech sectors still ahead?," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE) dises1390, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  2. Someshwar Rao, 2011. "Insights from Latin America for Canada: A Review Article on The Age of Productivity: Transforming Economies from the Bottom Up," International Productivity Monitor, Centre for the Study of Living Standards, Centre for the Study of Living Standards, vol. 21, pages 70-81, Spring.
  3. Robert Stehrer, 2012. "Trade in Value Added and the Valued Added in Trade," wiiw Working Papers 81, The Vienna Institute for International Economic Studies, wiiw.
  4. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
  5. Jorgenson, Dale W. & Jin, Hui & Slesnick, Daniel T. & Wilcoxen, Peter J., 2013. "An Econometric Approach to General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, Elsevier.
  6. Stephenson, John & Yang, Qing, 2011. "Industry productivity and the Australia-New Zealand income gap," NZIER Working Paper, New Zealand Institute of Economic Research 2011/3, New Zealand Institute of Economic Research.
  7. Goodridge, Peter & Haskel, Jonathan & Wallis, Gavin, 2012. "UK Innovation Index: Productivity and Growth in UK Industries," CEPR Discussion Papers, C.E.P.R. Discussion Papers 9063, C.E.P.R. Discussion Papers.
  8. Haskel, J & Goodridge, P & Pesole, A & Dal Borgo, M, 2011. "Productivity and growth in UK industries: an intangible investment approach," Working Papers, Imperial College, London, Imperial College Business School 9027, Imperial College, London, Imperial College Business School.
  9. Crafts, Nicholas, 2011. "British Relative Economic Decline Revisited," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8384, C.E.P.R. Discussion Papers.
  10. World Bank, 2013. "Measuring the Real Size of the World Economy : The Framework, Methodology, and Results of the International Comparison Program—ICP," World Bank Publications, The World Bank, number 13329, October.
  11. Crafts, Nicolas & Magnani, Marco, 2011. "The Golden Age and the Second Globalization in Italy," CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) 61, Competitive Advantage in the Global Economy (CAGE).
  12. Dan Corry & Anna Valero & John Van Reenen, 2011. "UK Economic Performance Since 1997: Growth, Productivity and Jobs," CEP Special Papers 24, Centre for Economic Performance, LSE.
  13. Haskel, J & Corrado, C & Jona-Lasinio, C, 2014. "Knowledge spillovers, ICT and productivity growth," Working Papers, Imperial College, London, Imperial College Business School 14624, Imperial College, London, Imperial College Business School.
  14. Crafts, Nicholas, 2012. "British relative economic decline revisited: The role of competition," Explorations in Economic History, Elsevier, Elsevier, vol. 49(1), pages 17-29.
  15. Marcel P. Timmer & Robert Inklaar & Mary O'Mahony & Bart van Ark, 2011. "Productivity and Economic Growth in Europe: A Comparative Industry Perspective," International Productivity Monitor, Centre for the Study of Living Standards, Centre for the Study of Living Standards, vol. 21, pages 3-23, Spring.

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