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THE IMPACT OF ROMANIA'S ACCESSION ON ECONOMIC GROWTH

Dârzan, Mihaela; Ionescu, Alexandru; Cristian, Elena-Raluca - In: Romanian Economic Business Review 8 (2013) 3.1, pp. 26-34

The EU integration is a complex process that involves a series of coherent actions taken by the New Member States which must give priority to both nominal and real convergence in order to eventually succeed to adopt the single currency. Romania has made a significant progress, but the...

Persistent link: https://www.econbiz.de/10010747982

El Ajuste al Equilibrio a Largo Plazo de los Salarios en España

Aixala, Jose; Pelet, Carmen - In: Revista de Analisis Economico – Economic Analysis Review 28 (2013) 1, pp. 3-24

This paper provides empirical evidence about the relationship between wages and their determinants in the Spanish economy from a macroeconomic perspective, as well as about the adjustment speed back to long run equilibrium, estimating an error correction mechanism by non-linear methods. The...

Persistent link: https://www.econbiz.de/10010748296

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306

Aging and Productivity: Evidence from Piece Rates

Pekkarinen, Tuomas; Uusitalo, Roope - Institute for the Study of Labor (IZA) - 2012

We evaluate the effects of aging on productivity using piece-rate earnings as a proxy for worker output. Our data … rates. The results indicate that productivity increases with age until age 40 after which it stays roughly constant. Wage … growth is faster than productivity growth for young workers but after age 40 both wages and productivity grow approximately …

Persistent link: https://www.econbiz.de/10010748381

Theoretical considerations on manifestation work productivity forms

DÃNECI-PÃTRÃU, Daniel - In: Alma Mater University journal 7 (2014) 1, pp. 21-25

human factor. One of the main indicators of analysis is labor productivity, whose manifestations were analyzed in this …

Persistent link: https://www.econbiz.de/10010787799

Import Penetration, Intermediate Inputs and Productivity: Evidence from Italian Firms

Carlo, Altomonte; Alessandro, Barattieri; Armando, Rungi - In: Rivista italiana degli economisti (2014) 1, pp. 45-66

We test the impact of import penetration on the productivity of a sample of roughly 35,000 Italian manufacturing firms … operating in the period 1996-2003, considering the impact on productivity of both import penetration in the same industry and … penetration has a positive effect on productivity. 2) The effects are much larger for import penetration in up-stream industries …

Persistent link: https://www.econbiz.de/10010789192

The Financial Crisis, Bank Lending and UK Productivity: Sectoral and Firm-Level Evidence

Riley, Rebecca; Rosazza-Bondibene, Chiara; Young, Garry - In: National Institute Economic Review 228 (2014) 1, pp. 17-17

holding back productivity growth. Consistent with this we do not find strong evidence that a lack of reallocation of resources … across businesses has been a substantial drag on productivity growth. …

Persistent link: https://www.econbiz.de/10010789287

Relaxing Credit Constraints in Emerging Economies: The Impact of Public Loans on the Performance of Brazilian Manufacturers

Ottaviano, Gianmarco I. P.; Sousa, Filipe Lage de - Dipartimento di Economia, Management e Metodi … - 2014

Especially in developing countries credit constraints are often perceived as one of the most important market frictions constraining firm innovation and growth. Huge amounts of public money are being devoted to the removal of such constraints but their effectiveness is still subject to an...

Persistent link: https://www.econbiz.de/10010789774

Is the Growth Momentum in Latin America Sustainable?

Sosa, Sebastian; Tsounta, Evridiki; Kim, Hye S - International Monetary Fund (IMF) - 2013

in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation …

Persistent link: https://www.econbiz.de/10010790356

Credit Constraints, Productivity Shocks and Consumption Volatility in Emerging Economies

Bhattacharya, Rudrani; Patnaik, Ila - International Monetary Fund (IMF) - 2013

How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more volatile than income, indicates that financial reform...

Persistent link: https://www.econbiz.de/10010790416