https://hdl.handle.net/10419/44605 2026-10-29T08:45:21Z 2026-10-29T08:45:21Z Strauss, Hubert https://hdl.handle.net/10419/54665 2023-11-24T09:29:43Z 2011-01-01T00:00:00Z

Title: Productivity and growth in Europe: Editor's introduction Authors: Strauss, Hubert Abstract: I summarize the main results and policy insights from the 2011 EIB Conference on Productivity and Long-Term Growth Potential in Europe. Europe's need for productivity growth has become more pressing against the backdrop of huge government debt and a beginning slowdown in labour supply. The contributors to the EIB Conference and this volume suggest that governments should embrace domestic and international competition by dismantling anticompetitive product market regulations, especially in services. Private and public R&D should feature high on the policy agenda, but their effectiveness should be enhanced by removing overly protective elements of the patent system. Education attainment and quality as well as life-long learning should be fostered and more emphasis put on an ICT-literate workforce. Productivity-enhancing resource reallocation may further require lower employment protection and stronger incentives for regional and sectoral mobility. Finally, Europe faces large broadband investment needs, calling for a predictable network regulation framework and targeted public support to broadband roll-out to less profitable areas.

2011-01-01T00:00:00Z Altomonte, Carlo Ottaviano, Gianmarco I. P. https://hdl.handle.net/10419/54672 2023-11-24T09:45:09Z 2011-01-01T00:00:00Z

Title: The role of international production sharing in EU productivity and competitiveness Authors: Altomonte, Carlo; Ottaviano, Gianmarco I. P. 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.

2011-01-01T00:00:00Z Hätönen, Jussi https://hdl.handle.net/10419/54666 2023-12-06T02:39:07Z 2011-01-01T00:00:00Z

Title: The economic impact of fixed and mobile high-speed networks Authors: Hätönen, Jussi Abstract: Europe is lagging behind other developed economies in the availability and use of very fast broadband services. The recently introduced Digital Agenda for Europe initiative sets forward ambitious targets for the development of super-fast broadband infrastructures in Europe to foster smart and sustainable growth. This paper presents estimates of the costs of meeting these targets through the deployment of next-generation networks. Furthermore, the magnitude of the financing gap is estimated and public support mechanisms are discussed to complement market investment in areas with low financial viability for the investment. The rationale of public sector support is discussed in light of the expected economic benefits of NGNs to consumers and businesses.

2011-01-01T00:00:00Z Arnold, Jens Nicoletti, Giuseppe Scarpetta, Stefano https://hdl.handle.net/10419/54667 2023-12-08T02:23:50Z 2011-01-01T00:00:00Z

Title: Regulation, resource reallocation and productivity growth Authors: Arnold, Jens; Nicoletti, Giuseppe; Scarpetta, Stefano Abstract: In this paper, we review theory and evidence on the links between product market regulations that curb competitive pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across countries and industries and have evolved differently over time. We argue that differences in regulation have played an important role in driving resource allocation and productivity outcomes. Countries and industries where direct and indirect regulatory burdens are lighter have generally experienced the highest GDP per capita and productivity growth rates. Moreover, where regulatory burdens are lighter, the reallocation of resources towards the highest-productivity firms is stronger. The impacts of inappropriate regulations on aggregate and firm-level productivity performance are estimated to be quantitatively important and thus, reforming such regulations can provide a significant boost to potential growth in OECD economies.

2011-01-01T00:00:00Z