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sectors and manufacturing sub-industries indicate evidence of convergence. In a search for factors influencing productivity …
Persistent link: https://www.econbiz.de/10013107393
The purpose of this paper is to estimate the effect of durable goods and ICT on Euro Area economic growth and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer durables impacts both the levels and growth rates of the...
Persistent link: https://www.econbiz.de/10003692312
This paper assesses the potential economic impact of Next Generation EU (NGEU), focusing on the euro area. Its findings …
Persistent link: https://www.econbiz.de/10013291193
This paper assesses the potential economic impact of Next Generation EU (NGEU), focusing on the euro area. Its findings …
Persistent link: https://www.econbiz.de/10013188827
developments in the digital economy and their possible impacts across the euro area and European Union (EU) economies. It also …: (i) there is significant country heterogeneity across the EU in terms of the adoption of digital technologies, and most … EU countries are falling behind competitors, particularly the United States; (ii) digitalisation is affecting the economy …
Persistent link: https://www.econbiz.de/10012829748
developments in the digital economy and their possible impacts across the euro area and European Union (EU) economies. It also …: (i) there is significant country heterogeneity across the EU in terms of the adoption of digital technologies, and most … EU countries are falling behind competitors, particularly the United States; (ii) digitalisation is affecting the economy …
Persistent link: https://www.econbiz.de/10012254362
budget orthodoxy. The issue at stake is not only of political economy and institutional changes in the EU. It is also of …, sustainable and inclusive recovery in Europe. The common real debt would be financed through the creation of EU Reproductive … political and fiscal union for euro area countries - and, in outer rings, of the EU, of the EEA and of potential EU members. In …
Persistent link: https://www.econbiz.de/10013296048
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components-real wages, capital intensity, and technology-are uncovered through decomposition and cluster analyses. In the...
Persistent link: https://www.econbiz.de/10011417168
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components - real wages, capital intensity, and technology - are uncovered through decomposition and cluster analyses. In the...
Persistent link: https://www.econbiz.de/10010369774
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10012941989