To what extent can differences in energy prices and digitalization explain why Europe has fallen behind the United States in economic growth in the 21st century?
This thesis explores a central question in the macroeconomic debate today: Why has Europe`s economic growth lagged behind the United States in recent decades? The study specifically examines if this divergence in part can be explained by differences in digitalization and energy prices. By employing an OLS panel data model with country specific effects – modelling the two samples of EU15 countries
