This volume explores the catch-up and convergence evidence of European growth on a cross-sectional basis. Individual chapters cover macroeconomic accounts, national accounts by industry, measures of fixed capital stocks, technology indicators, human capital, total factor productivity, and changes in trend rates of growth, and each assesses the pitfalls, benefits and implications of the methods used.

This volume revisits the topic of postwar growth armed not only with new theoretical ideas, but also with the experience of the 1980s. Chapters cover Belgium, Denmark, Germany, Spain, France, Ireland, Italy, The Netherlands, Portugal, Sweden, and the UK.