EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries

After the global financial crisis, investment fell more substantially than it had in the wake of previous recessions. With investment seemingly recovering faster in the United States than in Europe, the fear of a lasting gap emerged in Europe. This detailed analysis compares the investment dynamics...

Full description

Saved in:
Bibliographic Details
Main Author: European Investment Bank
Format: Online
Language:English
Published: European Investment Bank 2024
Subjects:
Online Access:OCN: 1422201648
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1863742577298112512
author European Investment Bank
author_browse European Investment Bank
author_facet European Investment Bank
author_sort European Investment Bank
collection Directory of Open Access Books
description After the global financial crisis, investment fell more substantially than it had in the wake of previous recessions. With investment seemingly recovering faster in the United States than in Europe, the fear of a lasting gap emerged in Europe. This detailed analysis compares the investment dynamics and capital accumulation in the United States and the European Union, focusing on 2013-2019. It uses data from Eurostat and EU KLEMS releases to highlight the gaps and variations in investment strategies across different countries and asset types. The working paper provides key insights into the investment rates, growth of real gross fixed capital formation, and accumulation of stocks. It reveals an investment gap primarily due to lower rates in tangible information and communication technology and intangible assets after the global financial crisis, particularly in larger EU Member States. In addition, the report provides an in-depth analysis of diverse asset types and their role in the investment dynamics. It uncovers the European Union’s strength in construction assets and its persistent gaps in information and communications technology and intangible assets, indicating a need to increase investments in these areas. Furthermore, the analysis discloses the heterogeneity within the European Union, with countries like Ireland, Czech Republic, and Sweden leading in investment rates, while others, including the Netherlands, Germany, Italy, and Spain, falling behind. This working paper is a tool for understanding the nuances of global investment trends and for formulating effective strategies to address identified gaps. It offers guidance and insights for policymakers, investors, and businesses operating in the global economic environment.
format Online
id doab-20.500.12854ir-134338
institution Directory of Open Access Books
language eng
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher European Investment Bank
publisherStr European Investment Bank
record_format ojs
spelling doab-20.500.12854ir-1343382025-07-30T10:40:23Z EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries European Investment Bank thema EDItEUR::K Economics, Finance, Business and Management After the global financial crisis, investment fell more substantially than it had in the wake of previous recessions. With investment seemingly recovering faster in the United States than in Europe, the fear of a lasting gap emerged in Europe. This detailed analysis compares the investment dynamics and capital accumulation in the United States and the European Union, focusing on 2013-2019. It uses data from Eurostat and EU KLEMS releases to highlight the gaps and variations in investment strategies across different countries and asset types. The working paper provides key insights into the investment rates, growth of real gross fixed capital formation, and accumulation of stocks. It reveals an investment gap primarily due to lower rates in tangible information and communication technology and intangible assets after the global financial crisis, particularly in larger EU Member States. In addition, the report provides an in-depth analysis of diverse asset types and their role in the investment dynamics. It uncovers the European Union’s strength in construction assets and its persistent gaps in information and communications technology and intangible assets, indicating a need to increase investments in these areas. Furthermore, the analysis discloses the heterogeneity within the European Union, with countries like Ireland, Czech Republic, and Sweden leading in investment rates, while others, including the Netherlands, Germany, Italy, and Spain, falling behind. This working paper is a tool for understanding the nuances of global investment trends and for formulating effective strategies to address identified gaps. It offers guidance and insights for policymakers, investors, and businesses operating in the global economic environment. 2024-02-17T04:02:16Z 2024-02-17T04:02:16Z 2024-02-16T05:31:49Z 2024 book OCN: 1422201648 https://library.oapen.org/handle/20.500.12657/87749 https://directory.doabooks.org/handle/20.500.12854/134338 eng open access image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/87749/1/SID-0000004483262_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87749/1/SID-0000004483262_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87749/1/SID-0000004483262_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87749/1/SID-0000004483262_optimized.pdf European Investment Bank European Investment Bank 10.2867/14133 10.2867/14133 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle thema EDItEUR::K Economics, Finance, Business and Management
European Investment Bank
EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title_full EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title_fullStr EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title_full_unstemmed EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title_short EIB Working Paper 2024/01 - Dynamics of productive investment and gaps between the United States and EU countries
title_sort eib working paper 2024 01 dynamics of productive investment and gaps between the united states and eu countries
topic thema EDItEUR::K Economics, Finance, Business and Management
topic_facet thema EDItEUR::K Economics, Finance, Business and Management
url OCN: 1422201648
work_keys_str_mv AT europeaninvestmentbank eibworkingpaper202401dynamicsofproductiveinvestmentandgapsbetweentheunitedstatesandeucountries