The Determinants of Total Factor Productivity in the EU: Insights from Sectoral Data and Common Dynamic Processes

Agnieszka Gehringer (), Inmaculada Martínez-Zarzoso and Felicitas Nowak.Lehmann Danziger

No 5343, EcoMod2013 from EcoMod

Abstract: This paper examines the development of total factor productivity (TFP) and the drivers of TFP for a panel of 17 EU countries in the period of 1995-2007. We estimate aggregated and sectoral TFP for 17 EU countries by means of the augmented mean group estimator to control for endogeneity, cross-section dependence and heterogeneous production technology. We find that although wages are the main driver of TFP, ICT, extra-EU trade and human capital also play a role.

Keywords: 17 EU countries; Growth; Sectoral issues (search for similar items in EconPapers)
Date: 2013-06-21
New Economics Papers: this item is included in nep-eec, nep-eff and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://ecomod.net/system/files/EcoMod_submission.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekd:004912:5343

Access Statistics for this paper

More papers in EcoMod2013 from EcoMod Contact information at EDIRC.
Bibliographic data for series maintained by Theresa Leary ().