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Structural Change and Productivity Growth in Europe - Past, Present and Future

Duernecker, Georg; Sanchez-Martinez, Miguel - 2021

This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …

Persistent link: https://www.econbiz.de/10013211112

Structural Change in Production Networks and Economic Growth

Gaggl, Paul; Gorry, Aspen; vom Lehn, Christian - 2023

stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …

Persistent link: https://www.econbiz.de/10014348090

Productivity, Place, and Plants : Revisiting the Measurement

Schoefer, Benjamin; Ziv, Oren - 2021

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …

Persistent link: https://www.econbiz.de/10013250039

Evidence Production in Merger Control : The Role of Remedies

Dertwinkel-Kalt, Markus; Wey, Christian - 2021

We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its action set. Allowing for a compromising remedy solution...

Persistent link: https://www.econbiz.de/10013243241

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …

Persistent link: https://www.econbiz.de/10010261270

The Euro Crisis and Economic Growth : A Novel Counterfactual Approach

Terzi, Alessio - 2019

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone crisis countries (Greece, Portugal, Ireland, Cyprus, Spain)...

Persistent link: https://www.econbiz.de/10012866042

The Contribution of Human Capital and its Policies to Per Capita Income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2021

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10013314766

Financial Integration and Economic Growth in Europe

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2023

This study examines the impact of financial integration on economic growth in the case of 31 European countries over the period from 2000 to 2021 using dynamic panel data models. The estimation results provide evidence of significant positive effects of financial integration on economic growth....

Persistent link: https://www.econbiz.de/10014346251

Economic Growth and Pollutant Emissions : New Panel Evidence from the Union for the Mediterranean Countries

Ben Abdeljelil, Mouna; Rault, Christophe; Belaïd, Fateh - 2023

This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...

Persistent link: https://www.econbiz.de/10014262471

The Short-Run and Long-Run Effects of Trade Openness on Financial Development : Some Panel Evidence for Europe

Caporale, Guglielmo Maria; Sova, Anamaria; Sova, Robert - 2021

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...

Persistent link: https://www.econbiz.de/10013227601

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