Innovation and Aggregate Economic Performance
Ljungberg, Jonas LU
and Lobell, Håkan
LU
(2010)
6th BETA-WORKSHOP
- Abstract
- Although the divergence over the last decades between
Europe and USA has drawn much attention, the dispersion of rates of
economic growth is even larger among the countries within Europe.
There is reason to presume that the more successful among the
European countries are those that have set more innovations into
production. This paper exploits the correlation between innovation, as
materialized in new products, and falling relative prices . Our analysis
suggests that major European countries have a low capability for
innovation and is lagging behind USA. A handful of peripheral
Europan countries have been more successful and to some extent also
... (More) - Although the divergence over the last decades between
Europe and USA has drawn much attention, the dispersion of rates of
economic growth is even larger among the countries within Europe.
There is reason to presume that the more successful among the
European countries are those that have set more innovations into
production. This paper exploits the correlation between innovation, as
materialized in new products, and falling relative prices . Our analysis
suggests that major European countries have a low capability for
innovation and is lagging behind USA. A handful of peripheral
Europan countries have been more successful and to some extent also
extend significant innovation to services (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/1765688
- author
- Ljungberg, Jonas
LU
and Lobell, Håkan
LU
- organization
- publishing date
- 2010
- type
- Contribution to conference
- publication status
- unpublished
- subject
- keywords
- Innovation, relative prices, economic growth
- conference name
- 6th BETA-WORKSHOP
- conference dates
- 2010-05-14 - 2010-05-15
- language
- English
- LU publication?
- yes
- id
- 1eecc0a1-0ee4-41b1-a733-0a940a6b16ad (old id 1765688)
- date added to LUP
- 2016-04-04 14:34:54
- date last changed
- 2018-11-21 21:21:07
@misc{1eecc0a1-0ee4-41b1-a733-0a940a6b16ad,
abstract = {{Although the divergence over the last decades between<br/><br>
Europe and USA has drawn much attention, the dispersion of rates of<br/><br>
economic growth is even larger among the countries within Europe.<br/><br>
There is reason to presume that the more successful among the<br/><br>
European countries are those that have set more innovations into<br/><br>
production. This paper exploits the correlation between innovation, as<br/><br>
materialized in new products, and falling relative prices . Our analysis<br/><br>
suggests that major European countries have a low capability for<br/><br>
innovation and is lagging behind USA. A handful of peripheral<br/><br>
Europan countries have been more successful and to some extent also<br/><br>
extend significant innovation to services}},
author = {{Ljungberg, Jonas and Lobell, Håkan}},
keywords = {{Innovation; relative prices; economic growth}},
language = {{eng}},
title = {{Innovation and Aggregate Economic Performance}},
year = {{2010}},
}