The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …

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 …

understand the link between institutions and an economy's productivity distribution …

This paper analyzes whether part-time employment is beneficial for firm productivity in the service sector. Using a … productivity, we estimate a production function including heterogeneous employment shares based on work hours. We find that a … larger part-time employment share leads to greater firm productivity. Additional data on the timing of labor demand show that …

productivity and a risky technology with productivity subject to sizeable shocks. Strict EPL makes the risky technology relatively … less attractive because it is more costly to shed workers upon receiving a low productivity draw. We calibrate the model … mechanism can explain a considerable portion of the slowdown in productivity in the EU relative to the US since 1995 …

improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …