productivity (TFP) growth in a sample of 30 European economies for the period 1994-2005. In most of Western Europe, we find a … deceleration of TFP growth since 2000. However, the economies of New Europe exhibit a higher level of TFP growth overall and have … slowed less than those of Old Europe. In the new market economies of Central and Eastern Europe, we find both high TFP growth …

digital economy more broadly – on economic growth for Europe and the United States since the late 1990s until most recently … Europe reflects a failure to effectively adopt new technologies and innovation. It is also argued that the lack of rapid … accumulation of intangible capital (such as information assets, innovative property, and economic competencies) constrains Europe …