We study the consequences of the COVID-19 pandemic on productivity by matching firm performance outcomes with … led to a significant short-term decline in productivity predominantly driven by the within-firm growth component. A … non-viable firms. However, government subsidies appear to have had a limited effect on aggregate productivity developments. …

specification of TFP is based on a "neo-Schumpeterian" empirical specification in which productivity improvements depend on growth … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both … to reduce the productivity performance of firms. The negative effect is particularly strong on firms characterised by an …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

In this paper we show that vocational training is an important determinant of productivity growth. We construct a multi … rate of labor productivity in Europe between 1999 and 2005. We find that one extra hour of training per employee … accelerates the rate of productivity growth by around 0.55 percentage points …