Showing 1 - 10 of 15,564
A quarter-century after reunification, labor productivity in eastern Germany continues to lag systematically behind the … West. Denison-Hall-Jones point-in-time estimates point to large gaps in total factor productivity as the proximate cause …
Persistent link: https://www.econbiz.de/10011437754
Persistent link: https://www.econbiz.de/10001641961
by large regional disparities, Germany and Italy. While income gaps and population structures are similar in the two …
Persistent link: https://www.econbiz.de/10013043888
productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …
Persistent link: https://www.econbiz.de/10011555673
Evaluating real convergence or divergence in the EU is challenging because it is diffi cult to fi nd an appropriate counterfactual or comparison benchmark, or to formulate one. Should we compare the status quo with convergence that would have been obtained had the European Union (EU) never...
Persistent link: https://www.econbiz.de/10011987561
While there has been some debate over the usefulness of monetary aggregates, there has been surprisingly little discussion of the actual implications for liquidity. In this paper, we provide an approximation of the liquidity development in six Euro area countries from 2003 to 2012. We show that...
Persistent link: https://www.econbiz.de/10010339318
This paper investigates the degree of total factor productivity convergence for the German electricity and gas firms …. We use different approaches to compute the productivity level and several old and new panel unit root tests from the … of total factor productivity, result confirmed by all categories of tests we use. Therefore, an innovation transfer is …
Persistent link: https://www.econbiz.de/10012839119
In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … had a significant effect on German sectoral productivity growth in the sixties and seventies. Some part of the catching …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …
Persistent link: https://www.econbiz.de/10009542183
of growth and allocation arises from the point of view of economic policy. -- regional production function ; productivity …
Persistent link: https://www.econbiz.de/10003849368
market integration ; deregulation ; total factor productivity ; Italy ; Germany. … directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state … activities have affected banks' productivity in the period 1994-2004, differentiating between technical change, efficiency change …
Persistent link: https://www.econbiz.de/10003813058