ENGLISH

Economic Growth in Europe: A Comparative Industry Perspective

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

Book information

Publisher
Cambridge University Press
Year
2010
ISBN
9780511762703, 9780521198875
DOI
10.1017/CBO9780511762703
LCC
HC240 .E273 2010
Google Books ID
mxUGdd739eQC
Open Library ID
OL25130564M
Language
english
Format
PDF
Filesize
3 MB (2866373 bytes)
Pages
305\305
Orientation
yes
Scanned
no
Time added
2012-03-17 06:00:00

Description

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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2010 · PDF