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in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU …
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, and where industry structure (number of varieties and allocation of capital stock across industries) is fixed. We … Industrie in der EU übertrug sich auf die damit verbundenen Branchen in Österreich. Die österreichische Wirtschaft konnte eine … Industrie einen weniger negativen Einfluss auf die österreichische Wirtschaft ausgeübt zu haben. …
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The aim of the 'Five Presidents Report' cited in the title acknowledges that an important driver of the European economic crisis has been the faulty original design of the Monetary Union, and that substantial steps are urgently needed towards the creation of truly supranational institutions. Yet...
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