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factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is …This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total … factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their …
Persistent link: https://www.econbiz.de/10014024949
Studies on Indian manufacturing have been unable to provide consistent estimates of productivity and its growth rates …, index number and envelopment analysis methods. TFP growth rate average is 1.1% for both gross output based and net value … growth. Aggregated TFP growth rates (Domar-weighted and Fisher index) also follow the same pattern; showing upward trends …
Persistent link: https://www.econbiz.de/10012718180
We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our … proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from … up firm-level contributions to aggregate productivity growth. It also allows for straightforward interpretation of the …
Persistent link: https://www.econbiz.de/10014217148
While European integration has substantially contributed to economic convergence between the member states of the EU, the diverging development of highly developed metropolitan regions and lagging rural areas has become a growing challenge especially for the new member states in Central and...
Persistent link: https://www.econbiz.de/10011481693
Persistent link: https://www.econbiz.de/10012310994
This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied based on the empirical evidence on the effects of EU regional policy. With more than thirty...
Persistent link: https://www.econbiz.de/10014577539
Italy’s overall GDP growth has been dismal in recent years and this poor performance has been compounded by a declining … trend in labour productivity and total factor productivity growth. This paper looks into growth accounting and structural … indicators and analyses Italy’s performance against other European countries. We look at the evidence provided by newly available …
Persistent link: https://www.econbiz.de/10014202991
Persistent link: https://www.econbiz.de/10011847887
Persistent link: https://www.econbiz.de/10014337947
We develop an endogenous growth model to simulate the long-term impact of Italy's National Recovery and Resilience Plan … (NRRP) on the persistent North-South productivity gap. Our model underscores public investment as a catalyst for sustained … management - the NRRP only slightly reduces the NorthSouth productivity gap from 75% to 76.4%. Finally, our research highlights …
Persistent link: https://www.econbiz.de/10014391213