Quantitative Aspects of Post-War European Economic Growth

Front Cover
Bart van Ark, Nicholas Crafts
Cambridge University Press, Jan 18, 2007 - Business & Economics - 468 pages
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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Contents

Macroeconomic accounts for European countries
27
Appendix table A 1 GDP indices for ten countries adjusted
63
Appendix table A 3 Population of ten countries adjusted
69
Sectoral growth accounting and structural change
84
Appendix table 2 7 Number of persons employed Sweden
154
manufactured goods 1985 100
175
Manufacturing UK 100
189
Appendix table B Gross capital stocks by sector billions 1985
196
on US patent statistics 196388
223
Human capital and productivity in manufacturing during
244
East Germany Portugal and Spain 195090
293
what the historical record shows
327
a closer look
347
On the historical continuity of the process of economic growth
388
an econometric investigation
415
Index
432

Technology indicators and economic growth in the European
215

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