Economic growth in Europe a comparative industry perspective

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 pro...

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Bibliographic Details
Main Author: Timmer, Marcel
Format: eBook
Language:English
Published: Cambridge Cambridge University Press 2010
Subjects:
Online Access:
Collection: Cambridge Books Online - Collection details see MPG.ReNa
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245 0 0 |a Economic growth in Europe  |b a comparative industry perspective  |c Marcel P. Timmer [and others] 
260 |a Cambridge  |b Cambridge University Press  |c 2010 
300 |a xvii, 292 pages  |b digital 
505 0 |a Introduction and overview -- Economic growth in Europe -- EU KLEMS database -- Structural change -- The industry origins of aggregate growth -- Productivity levels and convergence -- Drivers of productivity growth in Europe 
651 4 |a Europe / Economic conditions / 20th century / Case studies 
651 4 |a Europe / Economic conditions / 21st century / Case studies 
653 |a Industrial policy / Europe / Case studies 
653 |a Technological innovations / Economic aspects / Europe / Case studies 
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520 |a 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