This study describes the state of the art in the measurement of intangible capital and its contribution to economic … labour-productivity growth in the US and larger countries of the EU. The continental West-European countries show a … from intangibles, and also larger multi-factor productivity (MFP) growth rates related to the restructuring of those …

Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …

technologies (ICT) for developments in productivity growth in the euro area. On the basis of the available data, there is evidence … overall productivity growth. This implies that there is no reason to believe that potential output growth in the euro area has …