product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …

The present paper studies the relationship between R&D investment and firm productivity growth by explicitly accounting … for non-linearities in the R&D-productivity relationship and inter-sectoral firm heterogeneity. In order to address these … issues, we employ a two step estimation approach, and match two firm-level panel data sets for the OECD countries, which …

The aim of this study is to investigate the relationship between a firm's R&D activities and its productivity using a …'s productivity, with an overall elasticity of about 0.125; this general result is largely consistent with previous literature in … impact on productivity of their R&D investments, at least as regards top European R&D investors. …

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 …

competition, of which the most common are the concentration ratio and the Herfindahl-Hirschman index. It is important to emphasize … competition. Although market changes are reflected in a reduced number of banks while a change in the dispersion of market shares …

Over the last two decades EU countries experienced diverging productivity growthdevelopments. By examining the sources … productivity growth as well.But those effects are only found for Nordic and Western Continental EU countries,while others are … lacking such effects. Moreover, these specialized and science-basedindustries experienced strong innovation and productivity …

This study conducts an international comparison of productivity and profitability. First, the level and growth of … productivity are compared in OECD countries for the period from 1975 to 2009. According to this comparison, productivity growth has … productivity, prices and labour compensation. The results show that profitability in Finnish manu-facturing is competitive because …

The present paper compares expected inflation to (econometric) inflation forecasts based on a number of forecasting … expected inflation we develop a recursive filtering algorithm which extracts unexpected inflation from real interest rate data …, even in the presence of diverse risks and a potential Mundell-Tobin-effect. The extracted unexpected inflation is compared …

This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity … establish new stylized facts regarding the joint distributions of the firm-level exports performance and productivity in a panel …-exporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much more …

This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity … establish new stylized facts regarding the joint distributions of the firm-level exports performance and productivity in a panel … nonexporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much …