EconPapers    
Economics at your fingertips  
 

Institutions and the productivity challenge for European regions

Andrés Rodríguez-Pose ()

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Europe has witnessed a considerable labour productivity slowdown in recent decades. Many potential explanations have been proposed to address this productivity ‘puzzle’. However, how the quality of local institutions influences labour productivity has been overlooked by the literature. This article addresses this gap by evaluating how institutional quality affects labour productivity growth and, particularly, its determinants at the regional level during the period 2003–2015. The results indicate that institutional quality influences regions’ labour productivity growth both directly—as improvements in institutional quality drive productivity growth—and indirectly—as the short- and long-run returns of human capital and innovation on labour productivity growth are affected by regional variations in institutional quality.

Keywords: Labour productivity; institutional quality; physical capital; human capital; innovation; regions; Europe; OUP deal (search for similar items in EconPapers)
JEL-codes: J01 N0 R14 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2022-01-01
New Economics Papers: this item is included in nep-eff, nep-geo, nep-his, nep-ino, nep-sbm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in Journal of Economic Geography, 1, January, 2022, 22(1), pp. 1 - 25. ISSN: 1468-2702

Downloads: (external link)
http://eprints.lse.ac.uk/108915/ Open access version. (application/pdf)

Related works:
Working Paper: Institutions and the Productivity Challenge for European Regions (2021) Downloads
Working Paper: Institutions and the Productivity Challenge for European Regions (2021) Downloads
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:ehl:lserod:108915

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().

 
Page updated 2022-01-22
Handle: RePEc:ehl:lserod:108915