This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a large sample of European countries, and it builds a quantitative multi-sector growth model to analyze the potential impact that structural change may have on future productivity...

The aim of this paper is to investigate the interplay between structural change, interpreted as the secular process of sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data, we document the size of the negative effect that...

This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions...

1. Introduction -- Part I. Macroeconomic Modelling of Innovation Policy: State-Of-The-Art -- 2. Innovation, Public Policy and Growth: What the Data Say -- 3. Innovation and Growth: Theory -- 4. The Frontier of Macroeconomic Modelling: Proceedings of the JRC-IEA Workshop 2017 -- Part II. Impact...

This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a large sample of European countries, and it builds a quantitative multi-sector growth model to analyze the potential impact that structural change may have on future productivity...

This report provides empirical evidence on the relationship between financial development and economic growth in the European Union and the Euro area. Results indicate that the type of financing fund receiver matters in the financial depth-growth link.