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    <title>EconStor Collection: EIB Papers, European Investment Bank</title>
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  <item rdf:about="http://hdl.handle.net/10419/54672">
    <title>The role of international production sharing in EU productivity and competitiveness</title>
    <link>http://hdl.handle.net/10419/54672</link>
    <description>Title: The role of international production sharing in EU productivity and competitiveness
&lt;br/&gt;
&lt;br/&gt;Authors: Altomonte, Carlo; Ottaviano, Gianmarco I. P.
&lt;br/&gt;
&lt;br/&gt;Abstract: Is international production sharing associated with stronger competitiveness? We address this question from the complementary viewpoints of firms and industries. We show that international production sharing is indeed associated with stronger competitiveness not only at the firm level but also at the industry level. From the viewpoint of firms, stronger competitiveness gives access to a larger number of more complex options when it comes to the design of international operations. From the viewpoint of industries, stronger competitiveness arises from the possibility of reallocating resources from less to more productive firms. For both firms and industries stronger competitiveness arises from the possibility of exploiting a richer set of internationalization strategies to deal with the challenges and the opportunities of globalization.</description>
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  <item rdf:about="http://hdl.handle.net/10419/54671">
    <title>Firm dynamics and productivity growth</title>
    <link>http://hdl.handle.net/10419/54671</link>
    <description>Title: Firm dynamics and productivity growth
&lt;br/&gt;
&lt;br/&gt;Authors: Haltiwanger, John
&lt;br/&gt;
&lt;br/&gt;Abstract: Countries differ substantially in the extent to which more productive firms are large and/or are becoming larger and less productive firms are small and/or becoming smaller. A challenge for both emerging and advanced economies is that achieving such static and dynamic allocative efficiency requires an ongoing process of restructuring and reallocation. Such restructuring and reallocation is by its very nature costly. Market structure and institutions that promote well-functioning business dynamism are, accordingly, critical for economic performance. In the 1980s and 1990s, the US exhibited a robust pace of business dynamism that contributed substantially to US productivity and job growth. There are, however, some disturbing trends in the nature of US business dynamism - for example, the pace of business startups has declined secularly especially over the last decade. The decline in the pace of business dynamism may be contributing to the anaemic US recovery from the recent recession.</description>
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  <item rdf:about="http://hdl.handle.net/10419/54670">
    <title>Determinants of productivity growth: Science and technology policies and the contribution of R&amp;D</title>
    <link>http://hdl.handle.net/10419/54670</link>
    <description>Title: Determinants of productivity growth: Science and technology policies and the contribution of R&amp;D
&lt;br/&gt;
&lt;br/&gt;Authors: Duverger, Catherine; van Pottelsberghe de la Potterie, Bruno
&lt;br/&gt;
&lt;br/&gt;Abstract: This paper provides an update of the paper From R&amp;D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&amp;D Matter? (Guellec and van Pottelsberghe 2004). We present estimates of the long-term impact of various sources of knowledge (R&amp;D performed by the business sector, the public sector (higher education and government) and abroad) on the multifactor productivity growth of 17 major OECD countries from 1988 to 2006. The results confirm that business R&amp;D and the R&amp;D performed by the higher education sector significantly contribute to growth. In addition, the extent to which countries rely on triadic patents, as well as their degree of patent friendliness (enforcement mechanism and number of restrictions) affect significantly the extent to which R&amp;D contributes to growth.</description>
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  <item rdf:about="http://hdl.handle.net/10419/54669">
    <title>Economic growth in the US and the EU: A sectoral decomposition</title>
    <link>http://hdl.handle.net/10419/54669</link>
    <description>Title: Economic growth in the US and the EU: A sectoral decomposition
&lt;br/&gt;
&lt;br/&gt;Authors: Uppenberg, Kristian
&lt;br/&gt;
&lt;br/&gt;Abstract: Drawing on the OECD's structural analysis (STAN) database, this paper contributes to the understanding of European economic growth through a decomposition into employment and productivity, across sectors, and across different time periods and countries. The US productivity surge from the mid-1990s continued for years after the bursting of the dot-com bubble. In the meantime, the EU-15's relative productivity stagnation continued. The sectoral perspective helps us better understand this divergence. While manufacturing remains disproportionally important for aggregate productivity growth, the market services sector, given its size, accounts for the bulk of differences across countries, also within the EU. Market services differ from manufacturing in terms of the nature of innovation and other drivers of growth. This calls for sector-specific analysis when designing growth policy in Europe.</description>
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