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Resource misallocation in European firms : the role of constraints, firm characteristics and managerial decisions
Gorodnichenko, Yuriy; Revoltella, Debora; Švejnar, Jan; … - 2018
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011869248
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Towards a new growth model in CESEE : convergence and competitiveness through smart, green and inclusive investment
Gereben, Áron; Wruuck, Patricia - 2021
direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose …
Persistent link: https://www.econbiz.de/10012433894
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Impact of FDI on economic growth : the role of country income levels and institutional strength
Baiashvili, Tamar; Gattini, Luca - 2020
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation concentrates on the impact of FDI inflows on growth...
Persistent link: https://www.econbiz.de/10012164555
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Can European businesses achieve productivity gains from investments in energy efficiency?
Kalantzis, Fotios; Niczyporuk, Hanna - 2021
neglect non-energy benefits that include increased labour productivity. Up to date, due to lack of high-quality data, few … studies the relationship between the energy efficiency investment and the labour productivity of the European firms, utilising … between energy efficiency investment and labour productivity. The findings of the paper suggest that firms can benefit much …
Persistent link: https://www.econbiz.de/10012543637