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This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a large sample of European countries, and it builds a quantitative multi-sector growth model to analyze the potential impact that structural change may have on future productivity...
Persistent link: https://www.econbiz.de/10012625868
The aim of this paper is to investigate the interplay between structural change, interpreted as the secular process of sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data, we document the size of the negative effect that...
Persistent link: https://www.econbiz.de/10012670165
Persistent link: https://www.econbiz.de/10014235190
Persistent link: https://www.econbiz.de/10012213415
Persistent link: https://www.econbiz.de/10014492076
The paper investigates the relationship between employment protection legislation (EPL hereafter) and labour productivity growth in the EU in the context of the Great Recession. We consider the crisis and recovery periods, evaluate the relevance of both levels and changes in EPL for productivity...
Persistent link: https://www.econbiz.de/10013259541