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We analyze unconditional within-country convergence from 1991 to 2009 in 21 European countries. Unlike most previous studies we focus on the heterogeneity of convergence. We find that convergence processes in currency unions are extremely heterogenous, highly discontinuous and strongly...
Persistent link: https://www.econbiz.de/10010424527
The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity …
Persistent link: https://www.econbiz.de/10010424528
The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity …
Persistent link: https://www.econbiz.de/10014149369
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of … of those clubs. Total factor productivity data indicate the existence of a small club including fast-growing countries …
Persistent link: https://www.econbiz.de/10010426359
This study examines the productivity and efficiency spillovers in the presence of trade linkages in 27 European Union … policies and reforms to improve productivity growth. Meanwhile, trade-induced productivity and efficiency spillovers have often … been overlooked in the literature, and examining them could provide further clarity to the productivity puzzle. Using a …
Persistent link: https://www.econbiz.de/10014319810
estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … observations, or outliers. The paper shows that estimates of the exporter productivity premium by destination are driven by a small … share of outliers. Using a "clean" sample without outliers the estimated productivity premium of firms that export to the …
Persistent link: https://www.econbiz.de/10013141754
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 capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10003692312
-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
-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
-series estimation of the Sraffian and Neo-Kaleckian investment functions. While confirming the theoretical relation between autonomous …
Persistent link: https://www.econbiz.de/10011984077