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Nordic Economic Policy Review

Productivity and competitiveness

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The Nordic Economic Policy Review is published by the Nordic Council of Ministers and addresses policy issues in a way that is useful for in-formed non-specialists as well as for professional economists. All articles are commissioned from leading professional economists and are subject to peer review prior to publication. The review appears twice a year. The journal is distributed free of charge to the members of the Nordic economic associations. The easiest way to subscribe to the NEPR is therefore to become a member of one of these associations, i.e., Denmark: Nationaløkonomisk Forening Finland: Taloustieteellinen Yhdistys Norway: Samfunnsøkonomene Sweden: Nationalekonomiska Föreningen. For institutional subscriptions, please contact [email protected] Content: The widening productivity gap between the EU and the US: An introduction to the conference on productivity and competitiveness - Jakob B. Madsen and Anders Sørensen Up the hill and down again: A history of Europe’s productivity gap relative to the United States, 1950-2009 - Bart van Ark Comment by Matti Pohjola Regulation, resource reallocation and productivity growth - Jens Matthias Arnold, Giuseppe Nicoletti and Stefano Scarpetta Comment by Mika Maliranta Human capital and productivity - Angel de la Fuente Comment by Pekka Ilmakunnas Productivity and international firm activities: What do we know? - Joachim Wagner Comment by Markku Stenborg Innovation and productivity - Bronwyn H. Hall Comment by Ari Hyytinen A personnel economics approach to productivity enhancement - Edward P. Lazear and Kathryn L. Shaw Comment by Tuomas Pekkarinen Productivity and education: Benchmarking of elementary and lower secondary schools in Denmark - Peter Bogetoft and Jesper Wittrup Comment by Timo Kuosmanen

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Comment on de la Fuente: Human capital and productivity

De la Fuente’s paper provides a useful synthesis of the results on education and aggregate productivity from the empirical growth literature, emphasizing measurement issues and data quality. My comments deal with education and productivity at a more disaggregated level. I mention some issues that have been examined at the micro (individual, firm/plant) level that may have implications on the macro (country, region) level.

English

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