Productive Efficiency in 16 European Countries
AbstractWe investigate in this paper differences in productive efficiency across sixteen European countries. In order to assess differences in productive efficiency, we have built a dynamic input-output model and computed for each country the balanced growth rate and the balanced output composition. After that, we investigate how the differences existing between the output composition for balanced growth and the actual one relate to the differences between the rate of balanced growth and the actual one. In the final part of the paper we examine the influence of individual sectors on the rate of balanced growth by looking for growth-sensitive sectors.
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Bibliographic InfoPaper provided by Department of Economics, University of Venice "Ca' Foscari" in its series Working Papers with number 2010_22.
Date of creation: 2010
Date of revision:
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Postal: Cannaregio, S. Giobbe no 873 , 30121 Venezia
Web page: http://www.unive.it/dip.economia
More information through EDIRC
Productive efficiency; input-output; growth; Europe;
Find related papers by JEL classification:
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
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