Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … had supported Germany's leadership in the high-tech industries of the early twentieth century - automobiles, machinery … to new technological stimuli. In addition, Germany's bank-centered capital and inflexible labor markets have long …

In this paper we emphasize the contribution of technical change, broadly defined, towards productivity growth in … explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … excessively focused on physical capital investments determining productivity differentials, which consequently led to an …

human capital as an accumulable factor. In a study on Austria and Germany we augment the Solow model to allow for the … of human capital of Austria and Germany by weighting workers of different schooling levels with their respective wage … quantifies how wages change with years of schooling. We find that the time series evidence on Austria and Germany is not …