subsequent economic growth. However, the effects are not uniform implying that factor-input ratio or factor-intensity of the …

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 …