Arbeitspapier
Total Factor Productivity Estimates: Some Evidence from European Regions
This paper analyses the economic performance of European Regions and computes the Total Factor Productivity (TFP) using a panel cointegration approach. The main idea behind this choice is that this approach allows to directly estimate differences across economies in the production function and also to test for the presence of scale economies and market imperfections. In fact, recent studies (de la Fuente, 1995, 1996B, and de la Fuente - Doménech, 2000) show that TFP differences across countries and regions are substantial and highlight the importance of TFP dynamics as crucial in the evolution of productivity.
- Language
-
Englisch
- Bibliographic citation
-
Series: WIFO Working Papers ; No. 380
- Classification
-
Wirtschaft
- Subject
-
Total Factor Productivity
Panel Unit Root Test
Panel Cointegration
Fully Modified OLS
Produktivität
Panel
Einheitswurzeltest
Kointegration
Kleinste-Quadrate-Methode
Schätzung
Europa
- Event
-
Geistige Schöpfung
- (who)
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Ladu, Maria Gabriela
- Event
-
Veröffentlichung
- (who)
-
Austrian Institute of Economic Research (WIFO)
- (where)
-
Vienna
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ladu, Maria Gabriela
- Austrian Institute of Economic Research (WIFO)
Time of origin
- 2010
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