Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …

This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the … productivity to derive a model for short- and/or long-term forecasts of labour productivity. We will use stability tests and a … for long-term forecasts and argue in favor of a near unit-root modelling. That implies a convergence of productivity …