Industrial Productivity in Europe : Growth and Crisis / edited by Matilde Mas, University of Valencia and Valencian Institute of Economic Research (Ivie), Spain, Robert Stehrer, the Vienna Institute for International Economic Studies (wiiw), Austria.

Includes bibliographical references and index.

Contents note continued: 9. Estimates of total factor productivity, the contribution of ICT, and resource reallocation effects in Japan and Korea / Keun Hee Rhee -- part III SPECIFIC TOPICS -- 10. Rates of return and alternative measures of capital input: 14 countries and ten branches, 1971-2005 / Ana Rincon-Aznar -- 11. Productivity convergence across industries and countries: the importance of theory-based measurement / Marcel P. Timmer -- 12. Skills and the competitiveness of EU manufacturing industries / Robert Stehrer -- 13. The effects of high-tech capital, FDI and outsourcing on demand for skills in West and East / Robert Stehrer -- 14. The Dutch productivity performance: cross your border and look around / Eugene van der Pijll -- 15. International comparison of productivity in market services: Korea with EU KLEMS member countries / Hak Kil Pyo.

This book analyzes growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 1995--2007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU.