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The New Economy in Europe, 1992-2001

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  • Francesco Daveri

Abstract

Despite the fast catching-up in ICT diffusion experienced by most EU countries in the last few years, information technologies have so far delivered little productivity gains in Europe. In the second half of the past decade, growth contributions from ICT capital rose in six EU countries only (the UK, Denmark, Finland, Sweden, Ireland and Greece). Quite unlike the United States, this has not generally been associated to higher labour or total factor productivity growth rates, the only exceptions being Ireland and Greece.

Suggested Citation

  • Francesco Daveri, 2002. "The New Economy in Europe, 1992-2001," WIDER Working Paper Series DP2002-70, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2002-70
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    References listed on IDEAS

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