Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298819 
Year of Publication: 
2024
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 25 [Issue:] 3 [Year:] 2024 [Pages:] 19-22
Publisher: 
CESifo GmbH, Munich
Abstract: 
Aggregate productivity growth in the EU14 has slowed significantly in recent decades. Structural change toward services has contributed significantly to the growth slowdown. Future growth is projected to decline further due to the rise of sectors with stagnant productivity. Europe is projected to fall further behind the US in terms of productivity. R&D tax credits may not cure Europe's productivity malaise due to negative reallocation effects.
Document Type: 
Article

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