Arbeitspapier
TFP growth in old and new Europe
Using Solow-Törnqvist residuals as well as two alternative measurements, we present estimates of total factor productivity (TFP) growth in a sample of 30 European economies for the period 1994-2005. In most of Western Europe, we find a deceleration of TFP growth since 2000. However, the economies of New Europe exhibit a higher level of TFP growth overall and have slowed less than those of Old Europe. In the new market economies of Central and Eastern Europe, we find both high TFP growth as well as acceleration in the second half of the sample. Regression evidence from Western Europe suggests that product market regulation may adversely affect TFP growth and may thus impair convergence.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB 649 Discussion Paper ; No. 2009,033
- Klassifikation
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Socialist Systems and Transitional Economies: Performance and Prospects
- Thema
-
Total factor productivity growth
Solow residual
product and labor market regulation
Produktivität
Wirtschaftswachstum
Regulierung
Vergleich
Schätzung
Westeuropa
Osteuropa
Europa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burda, Michael C.
Severgnini, Battista
- Ereignis
-
Veröffentlichung
- (wer)
-
Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
- (wo)
-
Berlin
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Burda, Michael C.
- Severgnini, Battista
- Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
Entstanden
- 2009
Ähnliche Objekte (12)
TFP Convergence in German States since Reunification
TFP convergence in German states since reunification: Evidence and explanations
The German labor market miracle, 2003-2015: An assessment
The European debt crisis: How did we get into this mess? How can we get out of it?
European labor markets and the Euro: How much flexibility do we really need?
30 Jahre deutsche Einheit: Wie steht es wirklich?
Convergence of the German Bundesländer: Lessons for the EU
What kind of shock was it?: regional integration and structural change in Germany after unification
Valuing cryptocurrencies: Three easy pieces
Aggregate labor productivity
What kind of shock was it? Regional integration and structural change in Germany after unification
Ist das Maß halb leer, halb voll oder einfach voll?
TFP Convergence in German States since Reunification
TFP convergence in German states since reunification: Evidence and explanations
The German labor market miracle, 2003-2015: An assessment
The European debt crisis: How did we get into this mess? How can we get out of it?
European labor markets and the Euro: How much flexibility do we really need?
30 Jahre deutsche Einheit: Wie steht es wirklich?
Convergence of the German Bundesländer: Lessons for the EU
What kind of shock was it?: regional integration and structural change in Germany after unification
Valuing cryptocurrencies: Three easy pieces
Aggregate labor productivity
What kind of shock was it? Regional integration and structural change in Germany after unification
Ist das Maß halb leer, halb voll oder einfach voll?
TFP Convergence in German States since Reunification
TFP convergence in German states since reunification: Evidence and explanations
The German labor market miracle, 2003-2015: An assessment
The European debt crisis: How did we get into this mess? How can we get out of it?
European labor markets and the Euro: How much flexibility do we really need?
30 Jahre deutsche Einheit: Wie steht es wirklich?
Convergence of the German Bundesländer: Lessons for the EU
What kind of shock was it?: regional integration and structural change in Germany after unification
Valuing cryptocurrencies: Three easy pieces
Aggregate labor productivity
What kind of shock was it? Regional integration and structural change in Germany after unification