The book compares and explains differences in levels of incomes among industrialised countries.Productivity and its determinants are central to economic debate. This volume examines differences in productivity between nations, and provides comprehensive discussion as to why they exist; it addresses the importance of the growth and measurement of service productivity, and studies the role of human capital in adapting to new technologies. The creation of knowledge through research and development and its diffusion through trade, investment and the interaction of firms are also fully investigated.Productivity and its determinants are central to economic debate. This volume examines differences in productivity between nations, and provides comprehensive discussion as to why they exist; it addresses the importance of the growth and measurement of service productivity, and studies the role of human capital in adapting to new technologies. The creation of knowledge through research and development and its diffusion through trade, investment and the interaction of firms are also fully investigated.Productivity and its determinants are central to economic debate. This volume examines differences in productivity among nations, and provides comprehensive discussion as to why they exist; it addresses the importance of the growth and measurement of service productivity, and studies the role of human capital in adapting to new technologies. The creation of knowledge through research and development and its diffusion through trade, investment and the interaction of firms are also fully investigated.1. Introduction R. Barrell; 2. Britain's productivity performance in international perspective: 18791990: a sectoral analysis S. Broadberry; 3. Labour productivity and product quality: their growth and inter-industry transmission in the UK 19791990 C. Greenhalgh and M. Gregory; 4. Productivity, employment and the 'IT paradox': evidence from financial services M. Haynes and S. ThompsonlÓg