The Cotonou Partnership Agreement, signed on 2000, marks the beginning of a new cooperation phase between ACP countries and the EU. The IV pillar of the Agreement, aimed at the creation of a free trade area, concerns the economic and trade cooperation and is targeted to make trade in line with...

This paper presents estimates of the total factor productivity for 15 European countries at the economy-wide level for the period 1990-2003. Although the TFP estimates are based on the “old” growth theory (omitting human capital given the unavailability of data at the sector level), they...