The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …

member states and most euro countries. Since 1999, the euro countries have on average achieved more economic growth than … Germany and this increase in competitiveness can be largely attributed to wage moderation rather than productivity growth. The … to invest in order to reduce the deficit accumulated in recent years and also to ensure growth and prosperity in the long …

member states and most euro countries. Since 1999, the euro countries have on average achieved more economic growth than … Germany and this increase in competitiveness can be largely attributed to wage moderation rather than productivity growth. The … to invest in order to reduce the deficit accumulated in recent years and also to ensure growth and prosperity in the long …

member states and most euro countries. Since 1999, the euro countries have on average achieved more economic growth than … Germany and this increase in competitiveness can be largely attributed to wage moderation rather than productivity growth. The … to invest in order to reduce the deficit accumulated in recent years and also to ensure growth and prosperity in the long …