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The paper estimates a conditional ß-convergence model of labor productivity growth in Italy's manufacturing industry during 1871-1911, accounting for spatial dependence. The empirical evidence is based on a recent set of data at provincial (NUTS 3) level on manufacturing value added at 1911...
Persistent link: https://www.econbiz.de/10012992100
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10013318111
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Discussion on the possibilities for and barriers to income convergence and catch-up growth is at the heart of the debate on European regional economic policy. This study presents an empirical analysis of the determinants of regional productivity growth in Europe, using the most recent Cambridge...
Persistent link: https://www.econbiz.de/10011555673
?Knowledge economy? as a concept describes a stage of socio-economic development, when knowledge become a major growth factor. In modern economy, it can be associated with processes of knowledge acquiring, creation and dissemination; its main agents are educational, scientific organizations and...
Persistent link: https://www.econbiz.de/10011476219
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Since the Lisbon agenda in 2000, Europe stated the goal to become the most advanced knowledge economy in the world relying specifically on the increase and strengthen of its human capital and technological endowments. However, given the presence of localized externalities in the knowledge...
Persistent link: https://www.econbiz.de/10011536575
We employ income projection models based on human capital dynamics in order to assess quantitatively the role that educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income convergence dynamics between emerging economies in Central...
Persistent link: https://www.econbiz.de/10013013783
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10003387127