a panel cointegration approach. The main idea behind this choice is that this approach allows to directly estimate …This paper analyses the economic performance of European Regions and computes the Total Factor Productivity (TFP) using … productivity. …

This paper applies the recently developed maximum-likelihood-panel cointegration method of Larsson and Lyhagen (2007 … error terms. The findings using this new method are contrasted to those from the Pedroni (1995) cointegration tests and …

productivity for a sample of 33 developing countries over the period 1980-2005. Using panel cointegration techniques, we find that …: (i) outward FDI has, on average, a positive long-run effect on total factor productivity in developing countries, (ii …) increased factor productivity is both consequence and a cause of increased outward FDI, and (iii) there are large differences in …

productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation … role of non-traded, as well as traded, sector productivity shocks in exchange rate determination. We find evidence of … significant correlation between real exchange rates and productivity differentials in both sectors. But our finding of a …

control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity … utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …