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TFP growth continuing to fall, Europe's demographics are now also contributing to a decline in the workforce. Against this …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 …
Persistent link: https://www.econbiz.de/10011440370
TFP growth contin- uing to fall, Europe's demographics are now also contributing to a decline in the workforce. Against …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 …
Persistent link: https://www.econbiz.de/10010507668
We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight the successful convergence process of those countries, not least thanks to their integration into European and global value chains. As the external environment changes, so...
Persistent link: https://www.econbiz.de/10014564102
-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992-2007 via a two-stage analysis. In the first stage, we … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …
Persistent link: https://www.econbiz.de/10011432686
Persistent link: https://www.econbiz.de/10011435102
Persistent link: https://www.econbiz.de/10011435110
economic growth in OECD countries. Using new dynamic panel regression techniques, these appraisals indicate that within the … provide evidence that anticipative price effects (i. e., expectations of future growth, reflected in current stock prices) may … be driving the empirical relationship between stock market activities and economic growth in high income countries to a …
Persistent link: https://www.econbiz.de/10011435140
growth and financial development indicators. We then investigate whether the links observed in China, India and Brazil … determinant of export productivity. Moreover, except for Brazil, export productivity plays a positive effect on growth, and so … negatively associated with growth. …
Persistent link: https://www.econbiz.de/10010284554
Even by international standards, Ireland's fiscal position was particularly affected by the recent financial crisis. As budgetary surpluses quickly gave way to significant deficits post 2007, the deterioration in the Irish public finances culminated in an Excessive Deficit Procedure being...
Persistent link: https://www.econbiz.de/10011440386
In this paper I attempt to replicate for Sweden the Corrado, Hulten and Sichel (2006) and Marrano and Haskel (2006) working papers on spending on intangible assets in the US and the UK. Based on their measurement methods the total spending on intangibles in Sweden in 2004 was 277 billion SEK or...
Persistent link: https://www.econbiz.de/10010320236