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Total Factor Productivity Estimates: Some Evidence from European Regions

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  • Maria Gabriela Ladu

    (Università degli Studi di Sassari and CRENoS)

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    Abstract

    This paper analyses the economic performance of European Regions and computes the Total Factor Productivity (TFP) using a panel cointegration approach. The main idea behind this choice is that this approach allows to directly estimate differences across economies in the production function and also to test for the presence of scale economies and market imperfections. In fact, recent studies (de la Fuente, 1995, 1996B, and de la Fuente – Doménech, 2000) show that TFP differences across countries and regions are substantial and highlight the importance of TFP dynamics as crucial in the evolution of productivity.

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    Bibliographic Info

    Paper provided by WIFO in its series WIFO Working Papers with number 380.

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    Length: 39 pages
    Date of creation: 29 Sep 2010
    Date of revision:
    Handle: RePEc:wfo:wpaper:y:2010:i:380

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    Related research

    Keywords: Total Factor Productivity; Panel Unit Root Test; Panel Cointegration; Fully Modified OLS;

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    19. R. Paci & F. Pigliaru & M. Pugno, 2001. "Disparities In Economic Growth And Unemployment Across The European Regions: A Sectoral Perspective," Working Paper CRENoS 200103, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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