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In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP growth in 14 EU member countries, drawing upon the EU–KLEMS database. This study identifies some key issues: in the period 1970–2005, the TFP rate of change in the EU...
Persistent link: https://www.econbiz.de/10008694047
In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP growth in 14 EU member countries, drawing upon the EU-KLEMS database. This study identifies some key issues: in the period 1970-2005, the TFP rate of change in the EU manufacturing...
Persistent link: https://www.econbiz.de/10005004938
Debt is a fundamental component of modern economic systems. It serves as a source of financing for government, business, and individual projects. Many earlier studies concentrated on the direct relationship between debt and economic performance using different econometric methodologies. This...
Persistent link: https://www.econbiz.de/10014636204
dependence as well as parameter heterogeneity, simultaneously. We then propose the regional productivity network analysis to … examine the diffusion impacts of the capital intensity on the labour productivity in the EU. We apply the proposed approach to …
Persistent link: https://www.econbiz.de/10014265593
In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP growth in 14 EU member countries, drawing upon the EU-KLEMS database. This study identifies some key issues: in the period 1970-2005, the TFP rate of change in the EU manufacturing...
Persistent link: https://www.econbiz.de/10014206628
Persistent link: https://www.econbiz.de/10010199472
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10011378362
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10012976846
productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10008658803
observation that the recent slowdown of the EU productivity has been closely related to the corresponding FDI decline especially …
Persistent link: https://www.econbiz.de/10013103135