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Americans Do I.T. Better: US Multinationals and the Productivity Miracle
Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - C.E.P.R. Discussion Papers - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
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Characteristics of Economic Growth in the Netherlands During the Post-war Period
de Haan, Jakob; de Jong, Herman; Van Ark, Bart - C.E.P.R. Discussion Papers - 1994
capita income, whereas its labour productivity level -- notably in manufacturing -- remained relatively high. The Dutch …
Persistent link: https://www.econbiz.de/10005114219
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Public Support for Innovation, Intangible Investment and Productivity Growth in the UK Market Sector
Haskel, Jonathan; Wallis, Gavin - C.E.P.R. Discussion Papers - 2010
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …
Persistent link: https://www.econbiz.de/10008468645
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German Unification: Economic Problems and Consequences
Neumann, Manfred J.M. - C.E.P.R. Discussion Papers - 1991
Economic unification forced an unprecedented adjustment crisis on the East German economy. The revolutionary shock of the transformation of the economic order was reinforced by a real appreciation shock exceeding 50%, due to the immediate introduction of the Deutschmark. This paper examines in...
Persistent link: https://www.econbiz.de/10005791728
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The Spanish Crisis: Background and Policy Challenges
Suarez, Javier - C.E.P.R. Discussion Papers - 2010
This paper reviews the background and key policy challenges of the current situation of the Spanish economy. It describes the strengths and weaknesses of Spain’s recent long growth cycle, the real and financial imbalances accumulated towards its end, and the troubles faced at the current...
Persistent link: https://www.econbiz.de/10008554220
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On the Historical Continuity of the Process of Economic Growth
de Klundert, Theo C N J van; van Schaik, Anton - C.E.P.R. Discussion Papers - 1993
1945. Catching up is no longer relevant in the 1970s and the 1980s, despite a continuing gap in productivity levels vis á …
Persistent link: https://www.econbiz.de/10005792015
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Europe's Golden Age: An Econometric Investigation of Changing Trend Rates of Growth
Crafts, Nicholas; Mills, Terence C - C.E.P.R. Discussion Papers - 1995
This paper examines growth in output per person in 17 OECD countries from the late nineteenth century to 1989 considering the possibility of several breaks in trend. In all cases the unit root hypothesis is rejected in favour of a segmented trend stationary alternative. 1951-73 is shown to be an...
Persistent link: https://www.econbiz.de/10005497870
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The EU-US total factor productivity gap : An industry-level perspective
McMorrow, Kieran; Röger, Werner; Turrini, Alessandro … - C.E.P.R. Discussion Papers - 2009
The EU-US total factor productivity (TFP) growth gap since the mid-1990's is concentrated in a handful of market …
Persistent link: https://www.econbiz.de/10004990849
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Post-war Growth: An Overview
Crafts, Nicholas; Toniolo, Gianni - C.E.P.R. Discussion Papers - 1995
The paper comprises a thorough survey of the literature on growth in Western Europe since 1950. This experience is put in the context both of long-run historical trends and the ideas emanating from recent work in growth economics. The exceptional nature of the Golden Age (c.1950-73) is confirmed...
Persistent link: https://www.econbiz.de/10005661688
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Endogenous Growth: Lessons for and from Economic History
Crafts, Nicholas - C.E.P.R. Discussion Papers - 1996
, notably, into establishing the magnitude and sources of total factor productivity growth. …
Persistent link: https://www.econbiz.de/10005667114