Human Capital Management White Papers

Growth, Productivity and Employment

Overview Economic growth continues to be higher in the United States. Real economic growth had been temporarily lower in 2001, since the downturn of the world economy had started here after a decade of high growth. Real growth in 2002 and the current forecasts for 2003 are again higher than in the European Union. This paper investigates the evidence arising during these three difficult years, first by comparing productivity and employment growth in Europe with that in the US, secondly by highlighting country differences in Europe.

Further White Paper Details
PublisherAustrian Institute of Economic Research File FormatPDF
Date PublishedSeptember 2003
FormatWhite Papers   
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