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. 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 …
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We document for the US and Continental Europe that home-production time remained essentially flat during the last 50 years while changes in market time and leisure offset each other. We then focus on the US and France during 1970-2005 which are on the opposite sides of the spectrum: while US...
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The purpose of this paper is to evaluate the role of trade in productivity growth in a sample of 30 sectors in 25 EU … hour worked in these countries appear to be mainly due to positive developments (rising productivity) within single … industries and only to a lower extent result from a shift towards higher productivity activities. Trade is found to be an …
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This paper empirically examines whether expansion of the EU has increased international tax competition. To do so, we use a simple model of tax competition to determine how a given country weights the taxes of others when choosing its own tax. This indicates that the market potential of a...
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