THE TRANSATLANTIC PRODUCTIVITY GAP: A SURVEY OF THE MAIN CAUSES
综述了过去20年欧美生产率差距的原因，指出美国在知识经济中的强劲表现和欧洲研发投资不足是关键，但实际情况更为复杂。
Abstract During the last 2 decades, Europe's economy experienced a productivity slowdown whereas the United States (US) economy exhibited a marked acceleration. The result is that since the early 1990s the relative productivity levels between the two regions have continuously diverged, leading to a transatlantic productivity gap. Much of the explanation for this is the strong performance of the US in the so‐called ‘new economy’ or ‘knowledge economy’ and in particular the underinvestment in R&D, and as a result, productivity and innovation has been at the forefront in the European Policy agenda. However, various explanations for the US–European Union transatlantic productivity gap suggest that the picture is rather more complex than simply the effects on, or the result of, particular technology‐driven sectors.