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industry estimates of output, input and productivity growth for EU countries. The paper begins with a discussion of methodology … US. These confirm the relatively poor productivity performance of the EU relative to the US since the mid-1990s, mostly … driven by low productivity growth in market services. …
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Why did European productivity growth slow down while American growth accelerated since the 1990s? In this article we … Economic Growth in Europe. We argue that Europe’s falling behind is the combined result of a severe productivity slowdown in …
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Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita … into two basic drivers: labour supply and labour productivity. Labour supply is in turn determined by the hours worked per …
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