Closing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms
Blog
Venturini, F., Saraidaris, A., Vecchi, M. and Rincon, A. 2014. Closing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms. The Centre for Economic Policy Research (CEPR).
Type | Blog |
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Title | Closing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms |
Authors | Venturini, F., Saraidaris, A., Vecchi, M. and Rincon, A. |
Abstract | The importance of innovation activities for productivity growth has long been recognised. However, there are significant differences in the level of intangible investments across developed economies. This column describes how the EU can enhance its productivity growth and close the gap with the US. One such main channel is through investing in intangible assets and absorptive capacity. A second one is increasing production efficiency. Relevant policy recommendations are also discussed. |
Publication or Collection | VoxEU |
Publisher | The Centre for Economic Policy Research (CEPR) |
Publication dates | |
24 Apr 2014 | |
Publication process dates | |
Deposited | 14 May 2015 |
Output status | Published |
Copyright Statement | Access to full text restricted pending copyright check. |
Web address (URL) | https://cepr.org/voxeu/columns/closing-us-eu-productivity-gap-knowledge-assets-absorptive-capacity-and-institutional |
Language | English |
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