output dynamics in response to positive productivity shocks? Can we identify heterogeneous productivity shocks and the …

competitiveness. First of all, labour productivity, particularly in manufacturing, grew at an outstanding rate, mainly due to FDI … other transition countries and gains in domestic productivity. As a consequence, the real exchange rate index based on unit … positive changes in relative productivity and costs. In the second half of the 1990s, Hungary's trade share on EU markets (in …

The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

across countries and sectors. On the other hand, opening to trade boosts individual firms' productivity growth, via a number … of channels, and also enhances allocative efficiency across firms, in turn increasing aggregate productivity growth. One …