Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …

Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of … economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly …

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …

retard economic growth, even to the point of leading to an economic collapse. Premature adult mortality may exacerbate …

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the … economic growth of 15 judicial procedures. Employing a standard growth model, we find in a cross-section of 67 countries that … timeliness, written—as opposed to oral—procedures, and the right to counsel have a positive effect on growth, whereas the number …