growth accounting is for all industries combined.
Growth Rate of Value Added Volume: TFP, Key Industries
(TFP Contributions to Value Added Growth, percentage points)
Sources: EU KLEMS, Fund staff calculations.
B. Innovation Activity and Patenting
5. Firms reported that innovation activity also declined since 2008 across industries—manufacturing and services—and across firm sizes . Innovation activity related to goods, services and processes was more common in manufacturing enterprises than in serviceenterprises, but both of these industries