Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54669 
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dc.contributor.authorUppenberg, Kristianen
dc.date.accessioned2012-01-12T11:00:49Z-
dc.date.available2012-01-12T11:00:49Z-
dc.date.issued2011-
dc.identifier.citation|aEIB Papers|c0257-7755|v16|h1|nEuropean Investment Bank (EIB)|lLuxembourg|y2011|p18-51en
dc.identifier.urihttp://hdl.handle.net/10419/54669-
dc.description.abstractDrawing on the OECD's structural analysis (STAN) database, this paper contributes to the understanding of European economic growth through a decomposition into employment and productivity, across sectors, and across different time periods and countries. The US productivity surge from the mid-1990s continued for years after the bursting of the dot-com bubble. In the meantime, the EU-15's relative productivity stagnation continued. The sectoral perspective helps us better understand this divergence. While manufacturing remains disproportionally important for aggregate productivity growth, the market services sector, given its size, accounts for the bulk of differences across countries, also within the EU. Market services differ from manufacturing in terms of the nature of innovation and other drivers of growth. This calls for sector-specific analysis when designing growth policy in Europe.en
dc.language.isoengen
dc.publisher|aEuropean Investment Bank (EIB) |cLuxembourgen
dc.subject.ddc330en
dc.subject.stwWirtschaftswachstumen
dc.subject.stwVergleichen
dc.subject.stwBeschäftigungen
dc.subject.stwProduktivitäten
dc.subject.stwIndustriestrukturen
dc.subject.stwEU-Staatenen
dc.subject.stwUSAen
dc.titleEconomic growth in the US and the EU: A sectoral decomposition-
dc.typeArticleen
dc.identifier.ppn680132341en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
econstor.citation.journaltitleEIB Papersen
econstor.citation.issn0257-7755en
econstor.citation.volume16en
econstor.citation.issue1en
econstor.citation.publisherEuropean Investment Bank (EIB)en
econstor.citation.publisherplaceLuxembourgen
econstor.citation.year2011en
econstor.citation.startpage18en
econstor.citation.endpage51en

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