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varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic … dynamics of the national economies in Europe and Asia, and then an encompassing analysis of international production linkages … and international financial instability which determine the long-term patterns of regional integration in Europe and Asia …
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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...
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This paper assesses the productivity puzzle critically and gives an outlook on the COVID-19 crisis. It offers two main conclusions. First, it posits that a large fraction of the productivity puzzle can be solved by incorporating intangible capital into the asset boundary of the national...
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