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Divergences in Productivity Between Europe and the United States - Measuring and Explaining Productivity Gaps Between Developed Countries (Hardcover)
Loot Price: R3,327
Discovery Miles 33 270
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Divergences in Productivity Between Europe and the United States - Measuring and Explaining Productivity Gaps Between Developed Countries (Hardcover)
Series: Ifo Economic Policy series
Expected to ship within 12 - 19 working days
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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.
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