Skip to main content Accessibility help
Hostname: page-component-99c86f546-swqlm Total loading time: 1.067 Render date: 2021-11-29T04:10:39.267Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "metricsAbstractViews": false, "figures": true, "newCiteModal": false, "newCitedByModal": true, "newEcommerce": true, "newUsageEvents": true }

4 - Productivity growth in Europe before and since the 2008/2009 economic and financial crisis

Published online by Cambridge University Press:  07 January 2017

Dale W. Jorgenson
Harvard University, Massachusetts
Kyoji Fukao
Hitotsubashi University, Tokyo
Marcel P. Timmer
Rijksuniversiteit Groningen, The Netherlands
Get access


Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
The World Economy
Growth or Stagnation?
, pp. 111 - 152
Publisher: Cambridge University Press
Print publication year: 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)


Acemoglu, D. 1998. “Why do New Technologies Complement Skills? Directed Technical Change and Wage Inequality,” Quarterly Journal of Economics, 113(4): 10551089.CrossRefGoogle Scholar
Acemoglu, D. and Autor, D. H.. 2011. “Skills, Tasks and Technologies: Implications for Employment and Earnings.” In Ashenfelter, Orley and Card, David (eds.) Handbook of Labor Economics, Vol. 4B. Dan Diego, CA: North Holland, Ch. 12, 10431171.Google Scholar
Autor, D. H., Katz, L. F., and Krueger, A. B.. 1998. “Computing Inequality: Have Computers Changed the Labour Market?Quarterly Journal of Labour Economics, 113(4): 11691213.CrossRefGoogle Scholar
Autor, D. H., Levy, F., and Murnane, R.. 2003. “The Skill Content of Recent Technological Change: An Empirical Exploration,” Quarterly Journal of Economics, 118(4): 12791333.CrossRefGoogle Scholar
Barnett, A., Batten, S., Chiu, A., Franklin, J., and Sebastia-Barriel, M.. 2014. “The UK Productivity Puzzle,” Bank of England Quarterly Bulletin, Q2.Google Scholar
Basu, S., Fernald, J. G., and Shapiro, M. D.. 2001. “Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?Carnegie-Rochester Conference Series on Public Policy, 55: 117165.CrossRefGoogle Scholar
Bellmann, L., Gerner, H-D., and Laible, M.-C.. 2016. “The German Labour Market Puzzle in the Great Recession.” In Askenazy, P., (ed.), Productivity Puzzles in Europe. Paris: CEPREMAP. See: Scholar
Bertschek, I., and Kaiser, U.. 2004. “Productivity Effects of Organisational Change: Microeconometric Evidence,” Management Science, 50(3): 394404.CrossRefGoogle Scholar
Black, S. E. and Lynch, L. M.. 2001. “How to Compete: The Impact of Workplace Practices and Information Technology on Productivity,” The Review of Economics and Statistics, 83(3): 434445.CrossRefGoogle Scholar
Bresnahan, T. F., Brynjolfsson, E., and Hitt, L. M.. 2002. “Information Technology, Workplace Organization, and the Demand for Skilled Labor: Firm-Level Evidence,” Quarterly Journal of Economics, 117(1): 339376.CrossRefGoogle Scholar
Brynjolfsson, E., Hitt, L. M., and Yang, Shinkyu. 2002. “Intangible Assets: Computers and Organisational Capital,” Brookings Papers on Economic Activity: Macroeconomics, (1): 137199.CrossRefGoogle Scholar
Corrado, C., Haskel, Jonathan, Jona-Lasinio, Cecilia, and Iommi, Massimiliano. 2013. “Innovation and Intangible Investment in Europe, Japan, and the United States,” Oxford Review of Economic Policy, 29(2): 261286.CrossRefGoogle Scholar
Corrado, C., Hulten, C., and Sichel, D.. 2005. “Measuring Capital and Technology: An Expanded Framework.” In Corrado, C., Haltiwanger, J. and Sichel, D. (eds.) Measuring Capital in the New Economy. University of Chicago Press, 1146.CrossRefGoogle Scholar
Corrado, C., Hulten, C., and Sichel, D.. 2009. “Intangible Capital and US Economic Growth,” Review of Income and Wealth, 55(3): 661685.CrossRefGoogle Scholar
Corrado, C. and Jäger, K.. 2014. “Communication Networks, ICT and Productivity Growth in Europe,” Economics Program Working Paper, no. 14–04, The Conference Board, New York.Google Scholar
Crafts, Nicholas. 2010. “The Contribution of New Technology to Economic Growth: Lessons from Economic History,” Revista de Historia Economica, 28: 409440.CrossRefGoogle Scholar
DIW. 2014. “Economic Impulses in Europe,” DIW Economic Bulletin, No. 7, Berlin.
Greenstein, S. 2000. “Building and Delivering the Virtual World: Commercializing Services for Internet Access.” Journal of Industrial Economics, 48(4): 391411.CrossRefGoogle Scholar
Inklaar, R. C., Timmer, M. P., and van Ark, B.. 2008. “Market Services Across Europe and the US,” Economic Policy, 23(53, January): 139194.CrossRefGoogle Scholar
Jorgenson, Dale W., Ho, Mun S., and Stiroh, Kevin J.. 2005. Information Technology and the American Growth Resurgence. Cambridge, MA: The MIT Press.Google Scholar
Mariniello, M., Sapir, A., and Terzi, A.. 2015. “The Long Road Towards the European Single Market,” Bruegel Working Paper, Brussels, Belgium, March 16.Google Scholar
Piatkowski, M. 2013. “Poland New Golden Age. Shifting for Europe’s Periphery to Its Center,” Policy Research Working Paper, No. 6639, Washington DC.Google Scholar
Röller, L. H. and Waverman, L.. 2001. “Telecommunications Infrastructure and Economic Development: A Simultaneous Approach,” American Economic Review, 91(4): 909923.CrossRefGoogle Scholar
Teulings, C. and Baldwin, R.. 2014. Secular Stagnation: Facts, Causes and Cures. London: VoxEU, Centre for Economic Policy Research.Google Scholar
Timmer, Marcel P., Inklaar, Robert, O’Mahony, Mary, and van Ark, Bart. 2010. Economic Growth in Europe. A Comparative Industry Perspective. Cambridge University Press.CrossRefGoogle Scholar
van Ark, Bart. 2011. (Exec. ed.) The Linked World: How ICT is Transforming Societies, Cultures and Economies. New York: The Conference Board, Report for Fundación Telefonica.Google Scholar
van Ark, Bart. 2014. Productivity and Digitalisation in Europe: Paving the Road to Faster Growth. Brussels/New York: The Lisbon Council and The Conference Board.Google Scholar
van Ark, Bart, O’Mahony, Mary, and Timmer, Marcel. 2008. “The Productivity Gap between Europe and the US: Trends and Causes,” Journal of Economic Perspectives, 22(1, Winter): 2544.CrossRefGoogle Scholar
van Ark, Bart, O’Mahony, Mary, and Timmer, Marcel. 2012. “Europe’s Productivity Performance in Comparative Perspective: Trends, Causes and Recent Developments.” In Mas, M. and Stehrer, R. (eds.), Industrial Productivity in Europe, Growth and Crisis. Cheltenham, UK: Edward Elgar Publishing, pp. 6591.Google Scholar
van Ark, Bart, Ozyildirim, Ataman, Bhide, Prajakta, Crofoot, Elizabeth, Erumban, Abdul, and Levanon, Gad. 2015. “Prioritizing Productivity to Drive Growth, Competitiveness and Profitability,” Research Report, R-1580-KBI, The Conference Board, New York, May.Google Scholar
Cited by

Send book to Kindle

To send this book to your Kindle, first ensure is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle.

Note you can select to send to either the or variations. ‘’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats

Send book to Dropbox

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Dropbox.

Available formats

Send book to Google Drive

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Google Drive.

Available formats