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One of the key determinants of potential growth are productivity gains. Total factor productivity (TFP) differences are …: the aggregate productivity loss from microeconomic distortions that prevent factors of production from being allocated to … key driver of productivity gains. Since distortions preventing misallocation can be driven by institutional obstacles …
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productivity gap and increase a country's ability to absorb superior technologies developed elsewhere. This paper analyzes the … control of corruption on the productivity gap between the "Old" and "New" Europe countries. This is among the first studies to … results strongly support the productivity convergence between the "Old" and "New" Europe countries, with a positive impact of …
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