Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73807
Authors: 
Strobel, Thomas
Year of Publication: 
2010
Series/Report no.: 
Ifo Working Paper 86
Abstract: 
Over the last two decades EU countries experienced diverging productivity growthdevelopments. By examining the sources of EU countries growth drivers on the sectorallevel, the paper takes a new look on the influence of innovations. While standard neoclassicalNon-ICT capital deepening turns out the major contributor to EU productivitygrowth, detail industry analysis reveals that growth in innovation stocks via increasedR&D in specialized and science-based industries spurred productivity growth as well.But those effects are only found for Nordic and Western Continental EU countries,while others are lacking such effects. Moreover, these specialized and science-basedindustries experienced strong innovation and productivity growth by decreases in competition,thereby favoring Schumpeterian growth arguments for highly dynamic sectors.
Subjects: 
Productivity growth
market structure
competition
innovation
R&D
panel data
industry analysis
JEL: 
L10
L60
O30
O40
O52
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.