Das Bruttoinlandsprodukt ist als Maßstab für den Wohlstand einer Gesellschaft unzureichend. Aktuell bemühen sich verschiedene Organisationen, einen Indikator zusammenzustellen, der den Wohlstand besser abbildet. Auf EU-Ebene wurde hierfür ein Indikatorensystem insbesondere auch die...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...

The accumulation of the human capital stock plays a key role to explain the economic performance across regions. However, empirical evidence for this claim has been not very convincing, probably due to low quality of the data. This paper provides a robustness analysis of alternative human...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

In empirical economic analysis efficiency measurement traditionally at the macro and micro level is based on a production model using profit maximization or cost minimization for a single representative entrepreneur as its foundation. Common indicators are ratios of an output-indicator and...