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Quantitative Aspects of Post-War European Economic Growth (Paperback, Revised)
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Quantitative Aspects of Post-War European Economic Growth (Paperback, Revised)
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Interest in growth theory has reawakened since the middle of the
1980s, but it is some time since a comparative exercise has been
carried out. This volume explores the catch-up and convergence
evidence of European growth on a cross-sectional basis, armed not
only with alternative theoretical ideas, but also with the
empirical evidence since 1950 on which to draw. Individual chapters
cover macroeconomic accounts, national accounts by industry,
measures of fixed capital stocks, technology indicators, human
capital, total factor productivity and changes in trend rates of
growth, and each assesses the pitfalls, benefits and implications
of the methods used. The result is an authoritative quantitative
account of the dimensions of European economic growth within an
explicitly internationally comparative framework.
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