article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …

Madrick. He argues that the growth of markets through trade, colonization, and domestic expansion was the predominate factor … in Western economic development. While technological innovation is necessary to growth, it is as much a consequence of … economic opportunity as it is a cause, and perhaps even more a follower of economic growth than a leader. …

In early 2003, the OECD released a major report entitled The Sources of Growth in OECD Countries. In the seventh and … Economic Advisers reviews the report. Baily notes that key findings include: the diversity in GDP per capita growth across OECD … countries, largely reflecting differences in labour utilization; the importance for growth of exposure to international trade …

about economic growth, productivity, wages and employment. Alternative attempts to consider richer interactions between …

, more generally, is the impact of education on the growth of productivity in France in the medium term? Neo-classical growth … theories stress the role of the accumulation of human capital in growth in developed countries. We estimate a medium …-term growth-accounting equation based on panel data for 21 OECD countries over the 1971-1998 period. An « error correction form …

Both ICT-producing and ICT-using industries have contributed disproportionately to labour productivity growth in the …-using industries to productivity growth. In the 1995-2000 period, the contribution of ICT-producing industries to labour productivity … growth was similar in Canada and the Europe, but only half that in the United State. In terms of the contribution of ICT …

The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …

Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector …

productivity growth, capital per worker and the skills level of the workforce as represented by educational attainment, have … improved markedly in the construction sector in recent years. He explains the stagnation of labour productivity growth despite … problems which underestimate productivity growth. …