Divergences in productivity between Europe and the United States : measuring and explaining productivity gaps between developed countries

Bibliographic Information

Divergences in productivity between Europe and the United States : measuring and explaining productivity gaps between developed countries

edited by Gilbert Cette, Michel Fouquin, Hans-Werner Sinn

(IFO economic policy)

Edward Elgar, c2007

Available at  / 4 libraries

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Note

"Papers from a seminar held at the Royaumont Abbey on 22 and 23 March 2004, and organized by the Banque de France, CEPII, and the Ifo Institute for Economic Research at the University of Munich"--T.p. verso

Includes bibliographical references and index

Description and Table of Contents

Description

In the 1990s, labour productivity growth accelerated in the United States, yet slowed down in other industrialised countries, reversing a three decade long tendency of convergence. The book explores this phenomenon. It first identifies the methodological and statistical problems involved in measuring productivity and making cross-country comparisons in this area. Then the role of factor accumulation for the diverging trends across the OECD world, with a particular focus on the dispersion of information and communication technology (ICT), is reviewed. In-depth studies of single countries provide further insights regarding growth trends in the United States, Japan, Germany, and France. Finally, empirical investigations regarding the determinants of productivity growth at an international level complement the analyses. The results stress that public infrastructure and education, employment rates and working hours, and ICT spending play an important role in explaining the existing differences in levels and changes of productivity. This comprehensive book, on recent research regarding international gaps in productivity growth, will be of great interest to policy advisors and academics, political decision-makers and students of economics, business administration, international business and international policy.

Table of Contents

Contents: Introduction: Measuring and Explaining Productivity Gaps Between Developed Countries Gilbert Cette, Michel Fouquin, Hans-Werner Sinn 1. Comparing Growth in GDP and Labour Productivity: Measurement Issues Nadim Ahmad, Francois Lequiller, Pascal Marianna, Dirk Pilat, Paul Schreyer and Anita Woelfl 2. The Breaks in Per Capita Productivity: Trends in a Number of Industrial Countries Tristan-Pierre Maury and Bertrand Pluyaud 3. ICT Diffusion and Potential Output Growth Gilbert Cette, Jacques Mairesse, Yusuf Kocogluc 4. Yeasty Investment and Mushroom Productivity Growth: An Industry Perspective on European and American Performance, 1987-2003 Robert Inklaar and Marcel P. Timmer 5. Growth Patterns in the OECD Area: Evidence from the Aggregate, Industry and Firm Level Dirk Pilat 6. Information Technology and the G7 Economies Dale W. Jorgenson 7. Productivity, Innovation and ICT in Old and New Europe Bart van Ark and Marcin Piatkowski 8. Information Technology and the Japanese Economy Dale W. Jorgenson and Kazuyuki Motohashi 9. Outsourcing and Productivity Growth: Sectoral Evidence from Germany Theo Eicher, Thomas Fuchs and Hans-Gunther Vieweg 10. Determinants of Productivity per Employee: An Empirical Estimation using Panel Data Nicolas Belorgey, Remy Lecat and Tristan-Pierre Maury 11. Labour Quality and Skill Biased Technological Change in France Johanna Melka and Laurence Nayman Index

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