Divergences in Productivity Between Europe and the United States

Measuring and Explaining Productivity Gaps Between Developed Countries

Inbunden, Engelska, 2007

AvGilbert Cette,Michael Fouquin,Hans-Werner Sinn

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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.

Produktinformation

Utgivningsdatum2007-11-01
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieIfo Economic Policy series
FörlagEdward Elgar Publishing Ltd
ISBN9781847206411

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Contents:Introduction: Measuring and Explaining Productivity Gaps BetweenDeveloped CountriesGilbert Cette, Michel Fouquin, Hans-Werner Sinn1. Comparing Growth in GDP and Labour Productivity:Measurement IssuesNadim Ahmad, François Lequiller, Pascal Marianna, Dirk Pilat,Paul Schreyer and Anita Wölfl2. The Breaks in Per Capita Productivity: Trends in a Number of Industrial CountriesTristan-Pierre Maury and Bertrand Pluyaud3. ICT Diffusion and Potential Output GrowthGilbert Cette, Jacques Mairesse, Yusuf Kocogluc4. Yeasty Investment and Mushroom Productivity Growth: An IndustryPerspective on European and American Performance, 1987–2003Robert Inklaar and Marcel P. Timmer5. Growth Patterns in the OECD Area: Evidence from the Aggregate,Industry and Firm LevelDirk Pilat6. Information Technology and the G7 Economies Dale W. Jorgenson7. Productivity, Innovation and ICT in Old and New EuropeBart van Ark and Marcin Piatkowski8. Information Technology and the Japanese Economy Dale W. Jorgenson and Kazuyuki Motohashi9. Outsourcing and Productivity Growth: Sectoral Evidence from GermanyTheo Eicher, Thomas Fuchs and Hans-Günther Vieweg10. Determinants of Productivity per Employee: An Empirical Estimation using Panel DataNicolas Belorgey, Rémy Lecat and Tristan-Pierre Maury11. Labour Quality and Skill Biased Technological Change in FranceJohanna Melka and Laurence NaymanIndex