This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … to estimate profit functions and to obtain efficiency scores for a large sample of European firms. We pioneer the use of … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and …

shocks generate substantial fluctuations in aggregate productivity. …

productivity can be enhanced by product market policies which, by increasing competition and efficiency, facilitate higher rates of …Productivity performance in European countries has been a policy concern for some time. This paper shows that … churning, in turn, appears to be positively related to higher total factor productivity at the sector level by facilitating the …

Productivity (TFP) growth in CEE countries. We show that due to their deep integration in GVCs, CEE countries have been exposed to …

In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …

This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of … credit across firms with heterogeneous productivity. Further, we find that these losses accounted for over half of the … productivity fall between 2008 and 2009, and persisted for smaller (although not larger) firms. …