Chouard, Valérie; Castro, Daniel Fuentes; Irac, Delphine; … - In: Applied Economics 46 (2014) 23, pp. 2711-2720
In this article, we show that the recent financial crisis has significantly affected the potential total factor productivity (TFP) of the four largest euro area economies, as well as that of the rest of the euro area. We used a reduced-form equation of TFP, based on an approach recently...