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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:
author
organization
publishing date
type
Contribution to conference
publication status
unpublished
subject
keywords
Innovation, relative prices, economic growth
conference name
6th BETA-WORKSHOP
language
English
LU publication?
yes
id
1eecc0a1-0ee4-41b1-a733-0a940a6b16ad (old id 1765688)
date added to LUP
2011-01-27 12:29:06
date last changed
2016-04-16 12:43:34
@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},
  keyword      = {Innovation,relative prices,economic growth},
  language     = {eng},
  title        = {Innovation and Aggregate Economic Performance},
  year         = {2010},
}