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Regional economic development in Europe: the role of total factor productivity
Regional economic development in Europe: the role of total factor productivity. Regional Studies. This paper documents the fact that the large and persistent differences in economic development across subnational regions in European Union countries can largely be attributed to differences in total factor productivity (TFP). Applying the technique of development accounting, the paper decomposes differences in output per worker across 257 European Union regions into a component due to the local availability of production factors and a component due to TFP. As the analysis reveals, TFP differences are large even within countries, and are strongly related to economic geography and historical development paths. This suggests limited interregional diffusion of technology and of efficient production practices.
Regional economic development in Europe: the role of total factor productivity
Regional economic development in Europe: the role of total factor productivity. Regional Studies. This paper documents the fact that the large and persistent differences in economic development across subnational regions in European Union countries can largely be attributed to differences in total factor productivity (TFP). Applying the technique of development accounting, the paper decomposes differences in output per worker across 257 European Union regions into a component due to the local availability of production factors and a component due to TFP. As the analysis reveals, TFP differences are large even within countries, and are strongly related to economic geography and historical development paths. This suggests limited interregional diffusion of technology and of efficient production practices.
Regional economic development in Europe: the role of total factor productivity
Beugelsdijk, Sjoerd (Autor:in) / Klasing, Mariko J. (Autor:in) / Milionis, Petros (Autor:in)
Regional Studies ; 52 ; 461-476
03.04.2018
16 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
regional economic development , total factor productivity , development accounting , European regions , 区域经济发展 , 全要素生产力 , 发展会计 , 欧洲区域 , aménagement du territoire , productivité globale des facteurs , comptabilité de développement , régions européennes , regionale Wirtschaftsentwicklung , Gesamtfaktorproduktivität , Entwicklungsbilanzierung , europäische Regionen , desarrollo económico regional , productividad total de los factores , contabilidad del desarrollo , regiones europeas , O18 , O47 , O52 , R10
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