Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in … 1980-2000 period. They find that total factor productivity growth picked up considerably in the second half of the 1990s … relative to the first half, but that labour productivity growth actually decelerated. This latter development was related to …

Estimates produced by the OECD indicate that labour productivity levels are higher in a number of European countries … argues that a structural measure of labour productivity, closer to a measure of technical efficiency, would take into account … employment rate and hours of work in terms of productivity and that once these effects are taken into account, the United States …