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The EU-US total factor productivity gap : An industry perspective
Havik, Karel; Morrow, Kieran Mc; Röger, Werner; … - Directorate-General Economic and Financial Affairs, … - 2008
This paper uses the EU KLEMS industry growth accounting database to explore the determinants of the EU-US total factor productivity (TFP) growth gap which started to emerge in the mid-1990's.
Persistent link: https://www.econbiz.de/10008459191
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The EU-US total factor productivity gap : An industry-level perspective
McMorrow, Kieran; Röger, Werner; Turrini, Alessandro … - C.E.P.R. Discussion Papers - 2009
service industries (most notably retail trade) and in ICT-producing manufacturing, whilst the EU exhibits a stronger … with higher R&D expenditures and higher adoption rates for ICT-intensive technologies appear to exhibit higher TFP growth … rates, whilst human capital has mostly a significant effect across countries. Regarding industry specific determinants, ICT …
Persistent link: https://www.econbiz.de/10004990849
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Understanding Productivity and Income Differentials Among OECD Countries: A Survey
Ark, Bart van - Center for the Study of Living Standards (CSLS); The …
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita into two basic drivers: labour supply and labour...
Persistent link: https://www.econbiz.de/10005650205
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Policies Bearing on Product Market Competition and Growth in Europe
Gjersem, Carl - Economics Department, Organisation de Coopération et … - 2004
The strength of product market competition plays an important role in economic growth as it affects economic efficiency and the allocation of resources, and can also lead to improved labour market performance. This paper examines product market competition and economic performance in the...
Persistent link: https://www.econbiz.de/10005045597
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Key factors behind productivity trends in EU countries
2021
The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in the countries of the European Union (EU) and of the interplay between productivity and monetary policy. To this end, a group of experts from 15 national central banks and the...
Persistent link: https://www.econbiz.de/10012661650
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Key factors behind productivity trends in EU countries
2021
The aim of this report is to foster a better understanding of past trends in, and drivers of, productivity growth in the countries of the European Union (EU) and of the interplay between productivity and monetary policy. To this end, a group of experts from 15 national central banks and the...
Persistent link: https://www.econbiz.de/10012627152
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How to overcome the crisis of the European growth potential? : the role of the government
Elekes, Andrea; Halmai, Péter - In: European journal of comparative economics 16 (2019) 2, pp. 313-334
We suppose that the dramatic decline in the European output is more than a cyclical diversion from the potential output. We performed a medium term quantitative analysis combining data based on the production function and growth accounting approach. Our results show that the erosion of the...
Persistent link: https://www.econbiz.de/10012259822
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Growth in the Central and Eastern European Countries of the European Union
Abiad, Abdul; Mody, Ashoka; Schadler, Susan; Leigh, Daniel - International Monetary Fund (IMF) - 2007
The central challenges facing the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia as they work to catch up to advanced European Union (EU) income levels are discussed in this new book. Focusing on the region’s growth performance, and outlining two...
Persistent link: https://www.econbiz.de/10005767378
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Anatomy of Regional Disparities in the Slovak Republic
Jarmuzek, Mariusz; Banerjee, Biswajit - International Monetary Fund (IMF) - 2009
This paper examines economic growth and various dimensions of regional disparities in Slovakia. We find that regional disparities in the levels of GDP per capita, labor productivity, and labor utilization have widened since 2000, coinciding with the time that Slovakia initiated negotiations on...
Persistent link: https://www.econbiz.de/10008528661
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A stronger CEE for a stronger Europe
Wieser, Thomas; Grieveson, Richard; Holzner, Mario - 2024
We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight the successful convergence process of those countries, not least thanks to their integration into European and global value chains. As the external environment changes, so...
Persistent link: https://www.econbiz.de/10014564102