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and regulation and productivity measurement of the German electricity industry in particular. The methodological approach … empirical productivity analyses based on a growth accounting fiamework. A major share of the data that are utilized for this … productivity analyses. …
Persistent link: https://www.econbiz.de/10008791368
We analyse the Sigma convergence (standard deviation divided by average) of purchasing power adjusted GDP per capita and GDP per hour worked in the European Union. We also link the development in income distribution as measured by Gini coefficients to convergence. With short pauses, there has...
Persistent link: https://www.econbiz.de/10010987370
This study identifies income convergence in Europe over 1960 to 2012. The Great Recession since 2008 reversed the GDP per capita convergence in the EU-15, but the extransition countries have mostly continued to catch up. We found this by analysing the Sigma convergence of GDP per capita in the...
Persistent link: https://www.econbiz.de/10010991732
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10010884516
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276784
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
productivity levels but also on long-term productivity growth rates in developing countries. Using a panel of Mexican manufacturing … industries, this paper examines several alternative mechanisms through which trade contributes positively to productivity levels … 1986. The results indicate that productivity growth is significantly correlated with the share of imported intermediate …
Persistent link: https://www.econbiz.de/10005086747
There have been sharp movements in productivity growth in the euro area and in the United States recently, upwards in …
Persistent link: https://www.econbiz.de/10009283339
United States or Sweden. Nevertheless the contribution to the long run growth of labour productivity stemming from even the …
Persistent link: https://www.econbiz.de/10009643553