Dew-Becker, Ian; Gordon, Robert J. - 2008
"Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth … growth within Europe. We document this tradeoff in the raw data, in regressions that control for the two-way causation …