Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

relationship between foreign idiosyncratic shocks and domestic economic growth between 1978 and 2000. Contemporaneous changes in … associated with a 0.05-0.26 pp increase in economic growth. Lastly, this can potentially explain the Great Moderation. …

The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies …, whether growth causes structural changes or the other way round is still an open the question. This paper empirically tests … the relationship between structural changes (changes in gross value added and employment) and economic growth by using a …

We examine the relationship between road quality and regional favouritism in Sub-Saharan Africa. Roads are an important … public good in Africa, not only because of their positive impact on economic development but also because they are a major …