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-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …
Persistent link: https://www.econbiz.de/10011755500
This paper focuses on investment in research and development as a factor of labour productivity and economic growth …. Our analysis confirms the link between expenditure for research and development (expressed in % of GDP) and labour … productivity (expressed in the number of hours worked) based on selected data for EU Member States in the period 1995-2013. A …
Persistent link: https://www.econbiz.de/10012020507
-convergence trap” long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …
Persistent link: https://www.econbiz.de/10012941989
symmetric Research Joint Ventures (RJVs) increase productivity to a greater extent than RJVs between asymmetric firms. The … effects of international co-operative R&D on short term productivity gains among European manufacturing firms and to clarify …
Persistent link: https://www.econbiz.de/10014155776
exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970 … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy-productivity …
Persistent link: https://www.econbiz.de/10011334858
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10013102273
of proxy variables, whereas Total Factor Productivity is used as a measure of economic growth. Panel data of 26 European …. Business Birth Rate, Self-employment Rate, Business Investment and Labour Productivity Growth were all found to be highly … reflect the complexity of the notion. -- entrepreneurship ; total factor productivity ; economic growth ; the EU …
Persistent link: https://www.econbiz.de/10009229809
economic and price level convergence, respectively, refer to the narrowing of the income (productivity) and the price level gap … levels. Our research affirms and amends the finding that positive/negative deviations from the trend ("over … helps us understand, why net real wages are relatively low in these countries (as compared to their relative level of income/productivity …
Persistent link: https://www.econbiz.de/10011333487
This article aims to answer the question of whether a membership in the European Union contributed to an accelerated economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the economic development level of Western Europe (EU15). The...
Persistent link: https://www.econbiz.de/10012259712
The European integration process started with the aim of reducing the differences in income and/or living standards between the participating countries over time. To achieve this, a certain alignment of institutions and structures was seen as a necessary precondition. While the goal of this...
Persistent link: https://www.econbiz.de/10012485017