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Intangibles and especially organisational capital are an important source of capital deepening in European countries, albeit with significant cross-country differences. The GDP in the EU27 area is 5.5% higher if certain categories of expenditure, which have until now been considered as current...
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This paper deals with economic growth in Europe. The special emphasis is in key institutional factors that are commonly … hours and the size of government appear to affect growth in an important manner. All in all, slowdown of growth in Europe …
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