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Information Technology, Complementary Capital, and the Transatlantic Productivity Divergence

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Internet Econometrics

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Abstract

In March 2000, all the heads of government and of states of the European Union (EU) gathered in Lisbon (Portugal) to develop a strategic plan for Europe for the next ten years. This plan was known as the Lisbon Agenda, and it sought to make the EU the world’s most competitive economy within a decade. That decade has now nearly elapsed; few inside or outside or Europe would regard the Lisbon Agenda as a success. The main concern confronting European leaders in 2000 was the evident widening gap in economic performance between the USA and the European Union. After the gathering in Lisbon, a heated debate began about the future of the EU.

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© 2012 Marco Vincenzi

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Vincenzi, M. (2012). Information Technology, Complementary Capital, and the Transatlantic Productivity Divergence. In: Allegrezza, S., Dubrocard, A. (eds) Internet Econometrics. Applied Econometrics Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230364226_2

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