Economic Growth in Europe

A Comparative Industry Perspective

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science
Cover of the book Economic Growth in Europe by Marcel P. Timmer, Robert Inklaar, Mary O'Mahony, Bart van Ark, Cambridge University Press
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Author: Marcel P. Timmer, Robert Inklaar, Mary O'Mahony, Bart van Ark ISBN: 9780511851407
Publisher: Cambridge University Press Publication: October 28, 2010
Imprint: Cambridge University Press Language: English
Author: Marcel P. Timmer, Robert Inklaar, Mary O'Mahony, Bart van Ark
ISBN: 9780511851407
Publisher: Cambridge University Press
Publication: October 28, 2010
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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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