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Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent studies have found that this result is brought about by relatively few service industries, where productivity growth has accelerated in the U.S., but not so in Europe. Based on this...
Persistent link: https://www.econbiz.de/10010285878
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent studies have found that this result is brought about by relatively few service industries, where productivity growth has accelerated in the U.S., but not so in Europe. Based on this...
Persistent link: https://www.econbiz.de/10003387432
Using a newly constructed dataset on trade in services for 192 countries from 1970 to 2014, this paper shows that services currently constitute one-fourth of world trade and an increasingly important component of global production. A detailed analysis of patterns and stylized facts reveals that...
Persistent link: https://www.econbiz.de/10012956479
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent studies have found that this result is brought about by relatively few service industries, where productivity growth has accelerated in the U.S., but not so in Europe. Based on this...
Persistent link: https://www.econbiz.de/10014054099
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. Several recent studies have found that this result is brought about by relatively few service industries, where productivity growth has accelerated in the U.S., but not so in Europe. Based on this...
Persistent link: https://www.econbiz.de/10005731482
In this paper, we analyze, estimate and compare five prototypic models of innovation, from a simple learning-by-doing model to an elaborated model that includes financial, organizational and technological determinants of innovation. From the comparison of the five models we conclude that...
Persistent link: https://www.econbiz.de/10005747487
The transition to market economic systems in the countries of Central and Eastern Europe and the former Soviet Union … Baumol-Fuchs model of the service sector expansion to estimate underdevelopment of services in Russia prior the transition …
Persistent link: https://www.econbiz.de/10005519022
new European growth and development strategy is necessary and feasible, enabling a socio-ecological transition to high … challenges necessitating deliberations on a new growth path, to define socio-ecological transition, key actors and main obstacles …, and to find out how the process of a socio-ecological transition can be initiated, monitored, and accelerated on an …
Persistent link: https://www.econbiz.de/10011411012
Persistent link: https://www.econbiz.de/10010335154
Structural change is both a challenge and an opportunity for countries and companies. However, there is no silver bullet in terms of superior economic models. Instead, different economic models can deal with structural change in a successful way. Both economies with a focus on services and those...
Persistent link: https://www.econbiz.de/10011483562