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Do Growth Rates Differ in European Manufacturing Industries?

  • Michael Böheim

    (WIFO)

  • Michael Pfaffermayr

    (WIFO)

  • Klaus Gugler

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.

Volume (Year): 5 (2000)
Issue (Month): 2 (May)
Pages: 93-104

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Handle: RePEc:wfo:wquart:y:2000:i:2:p:93-104
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  1. Xavier Sala-i-Martin, 1995. "Transfers, social safety nets and economic growth," Economics Working Papers 139, Department of Economics and Business, Universitat Pompeu Fabra.
  2. Bernard, A.B. & Jones, C.I., 1993. "Productivity Across Industries and Countries: Time Series Theory and Evidence," Working papers 93-17, Massachusetts Institute of Technology (MIT), Department of Economics.
  3. Klaus Gugler & Michael Pfaffermayr, . "Convergence in Structure and Productivity in European Manufacturing?," WIFO Working Papers 127, WIFO.
  4. Geroski, P. A. & Van Reenen, J. & Walters, C. F., 1997. "How persistently do firms innovate?," Research Policy, Elsevier, vol. 26(1), pages 33-48, March.
  5. P. Geroski, 1998. "An Applied Econometrician's View of Large Company Performance," Review of Industrial Organization, Springer, vol. 13(3), pages 271-294, June.
  6. Robert J. Barro, 1995. "Inflation and Economic Growth," NBER Working Papers 5326, National Bureau of Economic Research, Inc.
  7. Helpman, Elhanan, 1992. "Endogenous macroeconomic growth theory," European Economic Review, Elsevier, vol. 36(2-3), pages 237-267, April.
  8. Bernard, Andrew B & Jones, Charles I, 1996. "Comparing Apples to Oranges: Productivity Convergence and Measurement across Industries and Countries," American Economic Review, American Economic Association, vol. 86(5), pages 1216-38, December.
  9. anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2, 4-6.
  10. Fagerberg, Jan, 1994. "Technology and International Differences in Growth Rates," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1147-75, September.
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