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Persistent link: https://www.econbiz.de/10004998577
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increase productivity in energy sector. Doubts exist about whether these are the most effective tools for improving … productivity since changes in productivity are usually related to changes in technological progress. We use a vector autoregressive … model to study this problem. Our purpose is to identify the shocks which induce movements in productivity, and to measure …
Persistent link: https://www.econbiz.de/10008496850
This Working Paper looks at structural policies which would improve Greece’s long-term economic performance and help speed economic and social convergence with average European Union member countries. It focuses on a number of key areas which are particularly important for rapid growth as they...
Persistent link: https://www.econbiz.de/10005045774
This work provides an explanation for the puzzling trade-off between labor productivity and capital accumulation … productivity into technological and non technological shocks. We find that: (1) labor productivity responds positively to … productivity in energy sector, without permanent gains in the future. …
Persistent link: https://www.econbiz.de/10010582609
The objective of this article is to evaluate the impact of the oil and gas industry on labour productivity growth in … affects aggregate productivity. The article sheds light on the paradoxical lack of a direct negative contribution of the oil … and gas sector to aggregate labour productivity growth despite the very large fall in productivity experienced by the …
Persistent link: https://www.econbiz.de/10011185159
The objective of this report is to evaluate the impact of the oil and gas industry on labour productivity growth in … affects aggregate productivity. The report sheds light on the paradoxical lack of a direct negative contribution of the oil … and gas sector to aggregate labour productivity growth despite the very large fall in productivity experienced by the …
Persistent link: https://www.econbiz.de/10011165242
The paper focuses on the analysis of real convergence process in the Visegrad Four countries. The aim of the paper is to verify concept of β-convergence at regional level in the case of new Member States of the European Union. The theoretical background of the paper defines the methodological...
Persistent link: https://www.econbiz.de/10011213946
Real convergence is an essential objective of Romania’s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose,...
Persistent link: https://www.econbiz.de/10005078970
In this paper, we analyze the evolution of the convergence process between 145 European regions over the period 1980-1999. In that purpose, we use the formal tools of spatial econometrics to identify and include the relevant spatial effects in the estimation of the appropriate conditional...
Persistent link: https://www.econbiz.de/10010541019