Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/144473
Autoren: 
Dumont, Michel
Merlevede, Bruno
Rayp, Glenn
Verschelde, Marijn
Datum: 
2014
Schriftenreihe/Nr.: 
NBB Working Paper No. 261
Zusammenfassung: 
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firmlevel competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output relation. Using AMADEUS firm-level data covering 10 manufacturing sectors from seven EU15 countries, (i) we document substantial, persistent differences in competitiveness (with Belgium and Germany as benchmark countries and Spain lagging behind) and a wide technology gap, (ii) we confirm the absence of convergence in TFP between the seven selected countries, (iii) we confirm that the technology gap is more pronounced for smaller firms, (iv) we highlight the role of post-entry growth for competitiveness.
Schlagwörter: 
competitiveness
cross-country analysis
firm heterogeneity
total factor productivity
post-entry growth
JEL: 
C14
D24
L25
M13
O33
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
3.19 MB





Publikationen in EconStor sind urheberrechtlich geschützt.