Eastern Europe is one of the fastest growing transition economies of the world. The post-socialist countries of Central and Eastern Europe, especially the Czech Republic, Hungary and Poland, continue to undergo a radical economic reform program via microeconomic liberalization, macroeconomic...

This paper empirically investigates the extent to which technological characteristics in exports affect the patterns of trade-led economic growth across countries. Data of the Balassa index, which captures a country's revealed comparative advantage, are obtained for industries classified by...

This article in the Economic Insights series summarizes results from current Statistics Canada research on investment and capital stock accumulation. It reports on the study, Intangible Capital and Productivity Growth in Canada.Compiling information on wealth accumulation has been central to...

This paper develops a measure of intangible capital and examines the contribution of intangibles to labour productivity growth in the Canadian business sector. It applies the methodology developed by Corrado et al. (2005, 2009) for the United States. The paper finds that investment in...

In this paper we introduce an agent-based model with heterogeneous firms which compare their mutual innovation strategies on different network structures. By implementing a dynamic behavioral switching via a fitness mechanism based on agents performance, companies can endogenously modify their...

This paper analyzes the contribution of network externalities to the pickup in U.S. productivity in the early 2000s. The Internet and wireless communication are treated as the central mechanisms of ICT-driven productivity growth. The approach contrasts with the dominant view in the...

The aim of this paper is to analyse the potential complementarity between environmental efficiency and labour productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the positive relationship between the two efficiencies....

In the recent decades, slow growth in Advanced Economies have led policymakers to emphasize structural reforms. Similarly, Emerging and low-income countries have for decades carried out structural reforms only that they have obtained gains in the most recent decades. Product market reforms...

Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...

I summarize the main results and policy insights from the 2011 EIB Conference on “Productivity and Long-Term Growth Potential in Europe.” Europe's need for productivity growth has become more pressing against the backdrop of huge government debt and a beginning slowdown in labour supply. The...