industries. Over the same period, productivity gains from reallocation accounted for 50% of European productivity growth and … with changes in productivity and allocative efficiency. This holds across most sectors and countries and supports the …

industries. Over the same period, productivity gains from reallocation accounted for 50% of European productivity growth and … with changes in productivity and allocative efficiency. This holds across most sectors and countries and supports the …

"Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth … between the EU and US going back to 1980. This paper is about the strong negative tradeoff between productivity and employment …