Synopses & Reviews
This crucial volume evaluates the catchup and convergence evidence on European economic growth on a cross-sectional basis. Chapters cover macroeconomic accounts, national accounts by industry, measures of fixed capital stocks, technology indicators, human capital and total factor productivity, and changes in trend rates of growth.
Synopsis
This volume is a quantitative account of growth in Europe since 1950 which combines historical and economic expertise. The authors explore the catch-up and convergence evidence on a cross-sectional basis, armed not only with alternative theoretical ideas, but also with the empirical evidence since 1950 on which to draw. They interpret their results assessing the pitfalls, benefits and implications of the methods used, therefore providing an authoritative survey of the dimensions of European growth.
Synopsis
This volume is an authoritative quantitative account of growth in Europe since 1950 that combines historical and economic expertise. The authors explore the catch-up and convergence evidence on a cross-sectional basis, armed with alternative theoretical ideas and empirical data.
Table of Contents
List of figures; List of tables; List of contributors; Preface; 1. Catch-up, convergence and the sources of post-war European growth: introduction and overview Bart van Ark and Nicholas Crafts; 2. Macroeconomic accounts for European countries Angus Maddison; 3. Sectoral growth accounting and structural change in post-war Europe Bart van Ark; 4. Measures of fixed capital stocks in the post-war period: a five-country study Mary OâMahony; 5. Technology indicators and economic growth in the European area: some empirical evidence Bart Verspagen; 6. Human capital and productivity in manufacturing during the twentieth century: Britain, Germany and the United States Stephen N. Broadberry and Karin Wagner; 7. Convergence and divergence in the European periphery: productivity in Eastern and Southern Europe in retrospect Bart van Ark; 8. Convergence: what the historical record shows Stephen N. Broadberry; 9. Growth and convergence in OECD countries: a closer look Javier Andrés, Rafael Doménech and César Molinas; 10. On the historical continuity of the process of economic growth Theo van de Klundert and Anton van Schaik; 11. Europeâs Golden