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Pourquoi, pendant que la locomotive de la productivité se mettait en branle aux États-Unis, l’Europe est-elle restée en gare

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  • Gordon, Robert J.

    (Northwestern University et Center for Economic Policy Research (CEPR))

Abstract

After fifty years of catching up to the U. S. level of productivity, since 1995 Europe has been falling behind. The growth rate in output per hour over 1995-2003 in Europe was just half that in the United States, and this annual growth shortfall caused the level of European productivity to fall back from 94 percent of the U. S. level to 85 percent. Fully one-fifth of the European catch-up (from 44 to 94 percent) over the previous half-century has been lost over the period since 1995. Après 50 ans de rattrapage du niveau de productivité des États-Unis, l’Europe accumule du retard depuis 1995. En effet, le taux de croissance de la production horaire n’atteignait, sur le Vieux Continent, que la moitié de celui des États-Unis en 1995-2003 et cet écart annuel a ramené le niveau de la productivité européenne de 94 % du niveau des États-Unis à seulement 85 %. Un cinquième du rattrapage européen (de 44 % à 94 %) effectué dans le demi-siècle précédent a été complètement perdu depuis 1995.

Suggested Citation

  • Gordon, Robert J., 2005. "Pourquoi, pendant que la locomotive de la productivité se mettait en branle aux États-Unis, l’Europe est-elle restée en gare," L'Actualité Economique, Société Canadienne de Science Economique, vol. 81(1), pages 47-74, Mars-Juin.
    • Handle: RePEc:ris:actuec:v:81:y:2005:i:1:p:47-74
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