Total factor productivity gap between the “New” and “Old” Europe: an industry-level perspective

IF 2.2 3区经济学 Q2 ECONOMICS

Post-Communist Economies Pub Date : 2023-07-28 DOI:10.1080/14631377.2023.2236868

Dragana Radicic, Z. Borovic, Jelena Trivić

引用次数: 1

Abstract

ABSTRACT The main goal of this article is to investigate the source of productivity growth for the Central and Eastern Europe (CEE) countries, at the industry level, based on the Schumpeterian creative destruction mechanisms. Our study provides valuable insights into productivity drivers for the CEE countries, which are vital for the policy makers. To measure productivity, we calculate the Total factor Productivity (TFP) measure based on the raw labour, at the industry level. There is a substantial productivity gap at the industry level between the CEE and core European countries (EU14). The result of econometric analysis suggests that the further a country lies behind the frontier, the higher is the rate of TFP growth, i.e. the convergence process.

查看原文本刊更多论文

“新”和“旧”欧洲之间的全要素生产率差距：一个行业层面的视角

摘要本文的主要目的是基于熊彼特的创造性破坏机制，在工业层面上研究中东欧国家生产力增长的来源。我们的研究为中东欧国家的生产力驱动因素提供了宝贵的见解，这对决策者至关重要。为了衡量生产力，我们在行业层面上根据原始劳动力计算全要素生产率（TFP）。中东欧和欧洲核心国家（欧盟14国）在工业层面存在巨大的生产力差距。经济计量分析结果表明，一个国家越落后于前沿，全要素生产率增长率越高，即趋同过程。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Post-Communist Economies ECONOMICS-

CiteScore

4.90

自引率

18.20%

发文量

期刊介绍： Post-Communist Economies publishes key research and policy articles in the analysis of post-communist economies. The basic transformation in the past two decades through stabilisation, liberalisation and privatisation has been completed in virtually all of the former communist countries, but despite the dramatic changes that have taken place, the post-communist economies still form a clearly identifiable group, distinguished by the impact of the years of communist rule. Post-communist economies still present distinctive problems that make them a particular focus of research.