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This paper examines German reunification from its inception. It shows that after the rapid expansion of the early years, former East Germany entered a phase of slow growth that made it impossible to bridge the gap with West Germany. Unemployment remains high, low growth rates appear ingrained,...
Persistent link: https://www.econbiz.de/10005092588
In the last decade the Italian economy has underperformed compared both with the previous decades and with the main European countries. It is widely acknowledged that this evolution reflects unresolved structural problems, which have become more urgent in view of the major changes in the world...
Persistent link: https://www.econbiz.de/10004981443
This paper aims at analyzing trends in TFP and labour productivity growth. Data Envelopment Analysis is used to … estimate a technological frontier and to compare all nations to it. The estimation of Malmquist productivity index as TFP … indicators allows to decompose labour productivity growth in efficiency change, technical progress and capital accumulation. This …
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Italian Abstract: In questo saggio vengono esaminati gli effetti di ampie manovre di politica di bilancio, ovvero di un consolidamento e di uno stimolo fiscale nei diciotto stati membri dell'Eurozona, in un periodo di riferimento che va dal 1980 al 2015. L'evidenza empirica dimostra che nel caso...
Persistent link: https://www.econbiz.de/10013011735
Italian Abstract: Questa breve nota introduce l'attuale numero della rivista, con l'obiettivo di aprire un dibattito sull'Europa dopo la Brexit. Anche se molti hanno visto l'euro come un passo verso l'integrazione politica, ora c'è confusione e incertezza riguardo agli obiettivi e agli...
Persistent link: https://www.econbiz.de/10012924972
Italian Abstract: L'articolo discute la testimonianza di Paolo Sylos Labini del 1962 alla "Commissione sui limiti della concorrenza" del Parlamento italiano. Lì, Sylos Labini ricorda la sua teoria dell'oligopolio, ma estende anche le sue osservazioni a una gamma completa di riforme strutturali...
Persistent link: https://www.econbiz.de/10014115213
projections and alternative hypotheses on future labour market and productivity paths. We document a progressive slowdown in GDP …, particularly in the South, driven by productivity and, more recently, also by employment and capital accumulation dynamics. Going … forward, given the reduction in the working age population, without improvements in productivity and labour force …
Persistent link: https://www.econbiz.de/10014084407