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This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise. Productivity trends during the COVID-19 pandemic...
Persistent link: https://www.econbiz.de/10014480010
In the paper, the productivity growth of German sectors is analyzed. Sectoral production functions are estimated with annual national account data of 51 sectors from 1960-1990. Both, the pure Solow growth model and the Solow model augmented with human capital do not account for observed...
Persistent link: https://www.econbiz.de/10010332071
This paper shows that entrepreneurial human capital is a key driver of firm dynamics using administrative panel data on the universe of firms and workers in Portugal. Firms started by more educated entrepreneurs are larger at entry and exhibit higher life cycle growth. Consistent with an effect...
Persistent link: https://www.econbiz.de/10013220613
Persistent link: https://www.econbiz.de/10012486452
The first aim of this paper is to analyse the main tendencies in employment and regional labour productivity in the Spanish hospitality sector in the period 1987-2004. A second purpose is to analyse the main determinants of sectoral labour productivity. The estimation of an augmented production...
Persistent link: https://www.econbiz.de/10011553492
It is well known that labour productivity growth in Europe is slowing down, against an increasing growth rate in the US. The Netherlands is one of the countries in Europe with the lowest growth rates of productivity. This article looks at this phenomenon from a regional perspective and presents...
Persistent link: https://www.econbiz.de/10012758911
This paper undertakes a rigorous examination of the convergence patterns of labour productivity at the regional and sectoral levels across Czech regions. In addition to conventional tests for 𝛽- and 𝜎-convergence, we apply Phillips and Sul’s (2007) approach so as to model non-linearly...
Persistent link: https://www.econbiz.de/10014346060
Persistent link: https://www.econbiz.de/10011870773
We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a...
Persistent link: https://www.econbiz.de/10011993244
This paper uses nonparametric techniques to study GDP convergence across German labor market regions and counties during the period 1992-2004. The main result is that regional convergence in unified Germany has been substantial. In the first years after German unification the distribution of GDP...
Persistent link: https://www.econbiz.de/10003846988