US labor productivity in ICT-skill intensive industries experienced tremendous increases in post-1995 trend growth compared to Germany, while other (non-ICT-skill intensive) industries showed similar growth trends in both countries. Examining the source of industry productivity growth in German...

The investigation of the determinants of economic growth plays an important role for our understanding of the sources of cross-country income differences. This paper analyzes the effects of institutions and innovations on country productivity growth. The empirical evidence shows that...

Over the last two decades EU countries experienced diverging productivity growth developments. By examining the sources of EU countries growth drivers on the sectoral level, the paper takes a new look on the influence of innovations. While standard neoclassical Non-ICT capital deepening turns...

US productivity growth surged twice post 1995 and post 2000. In contrast Germany registered two successive productivity reductions during that same period of time. Previous analysis of the post-2000 decline has been limited, however, by the short time series of the available data. In this paper...

This article sheds light on the impact of the media on economists' expectations for future economic developments. We conducted a worldwide economic expert survey and find that the media provides most economists with valuable information that influences their expectations. This applies...