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dc.contributor.authorBurda, Michael C.en
dc.contributor.authorSevergnini, Battistaen
dc.date.accessioned2010-08-26T11:57:27Z-
dc.date.available2010-08-26T11:57:27Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/39330-
dc.description.abstractUsing 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.en
dc.language.isoengen
dc.publisher|aHumboldt University of Berlin, Collaborative Research Center 649 - Economic Risk |cBerlinen
dc.relation.ispartofseries|aSFB 649 Discussion Paper |x2009,033en
dc.subject.jelD24en
dc.subject.jelO47en
dc.subject.jelP27en
dc.subject.ddc330en
dc.subject.keywordTotal factor productivity growthen
dc.subject.keywordSolow residualen
dc.subject.keywordproduct and labor market regulationen
dc.subject.stwProduktivitäten
dc.subject.stwWirtschaftswachstumen
dc.subject.stwRegulierungen
dc.subject.stwVergleichen
dc.subject.stwSchätzungen
dc.subject.stwWesteuropaen
dc.subject.stwOsteuropaen
dc.subject.stwEuropaen
dc.titleTFP growth in old and new Europe-
dc.type|aWorking Paperen
dc.identifier.ppn60338000Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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