Economic Growth in Europe A Comparative Industry Perspective Timmer Inklaar

Economic Growth in EuropeA Comparative Industry Perspective\nAuthor(s): Marcel P. Timmer, Robert Inklaar, Mary O'Mahony, Bart van Ark\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107412446, 978-1107412446\nSynopsis\nWhy has European growth slowed down since the 1990s while American productivity growth has speeded up? This book provides a thorough and detailed analysis of the sources of growth from a comparative industry perspective. It argues that Europe's slow growth is the combined result of a severe productivity slowdown in traditional manufacturing and other goods production, and a concomitant failure to invest in and reap the benefits from Information and Communications Technology (ICT), in particular in market services. The analysis is based on rich new databases including the EU KLEMS growth accounting database and provides detailed background of the data construction. As such, the book provides ne.