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Using panel data on European regions and applying Analysis of Covariance, our study provides an empirical assessment of the relative importance of national, regional and spatial factors for explaining variations of productivity. Our analysis shows that initial economic conditions or...
Persistent link: https://www.econbiz.de/10010260705
We explore the impact of the age structure of human capital on average regional productivity by applying a spatial econometric analysis based on an augmented Lucas-type production function. We also apply a new definition of regional human capital focusing on its availability. The estimates...
Persistent link: https://www.econbiz.de/10010300608
While institutions are said to be poor in China in cross-country comparison, recent research indicates that at the provincial level, institutional quality plays in fact an important role for the economic success of a province, municipality, or autonomous region in China. Our paper aims to add...
Persistent link: https://www.econbiz.de/10015199471
The growing population and climatic uncertainties have compelled producers to undertake faster exploitation of the resources in agricultural production to meet global food security, which, in turn, leads towards unsustainable and input-led inefficient production growth. The problem is further...
Persistent link: https://www.econbiz.de/10013359375
This paper explores the transmission of non-capital shocks through banking networks. We develop a methodology to construct non-capital (idiosyncratic) shocks, using labor productivity shocks to large firms. We document a change in the relationship between foreign idiosyncratic shocks and...
Persistent link: https://www.econbiz.de/10013396518
can be specific to enlargement waves and country groups considered: Border regions in established member countries mainly …
Persistent link: https://www.econbiz.de/10014000404
In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies using a stochastic production frontier model. Furthermore,...
Persistent link: https://www.econbiz.de/10014001586
Between 2003 and 2005, the German government passed an unprecedented package of labor market reforms, commonly known as the Hartz-reforms. This led to a "labor market miracle" with sharply declining unemployment rates. This paper examines these reforms at the regional level and provides a...
Persistent link: https://www.econbiz.de/10014325937
In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 EU Member States that exhibit co-movement in their growth dynamics, over the period 1980-2018. We then use the observed stochastic convergence trajectories to assess the role...
Persistent link: https://www.econbiz.de/10014471598
A detailed analysis of the German productivity development is indispensable for understanding, why Europe is lagging behind the US growth since the mid 1990s. In this paper a new and unique database is used to analyze the sources of German productivity growth since 1970. It is shown that...
Persistent link: https://www.econbiz.de/10010312194