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Crecimiento Económico Y Trade Off Entre Productividad Y Empleo En Las Economias Europeas

Author

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  • PALAZUELOS, Enrique
  • FERNANDEZ , Rafael

Abstract

El trabajo sostiene que la debilidad de la demanda interna es una variable determinante del lento crecimiento de la productividad del trabajo que han registrado las economías europeas a lo largo de las últimas décadas. Asimismo se constata que el (bajo) ritmo de crecimiento de la productividad presenta diferencias significativas entre los distintos países de la UE-15. Esas diferencias están relacionadas con la distinta evolución de la demanda interna, pero también se explican por la existencia de un efecto trade off entre empleo y productividad. The work suggests that the weakness of domestic demand determines the slowdown in labour productivity in the European economies over the past few decades. It also notes that that (low) rate of productivity growth presents significant differences between the various countries of the EU-15. These differences are related to the different development of domestic demand, but they are also explained by a trade off effect between employment and productivity.

Suggested Citation

  • PALAZUELOS, Enrique & FERNANDEZ , Rafael, 2008. "Crecimiento Económico Y Trade Off Entre Productividad Y Empleo En Las Economias Europeas," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 8(2), pages 41-82.
    • Handle: RePEc:eaa:eedein:v:8:y2008:i:8_8
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    More about this item

    Keywords

    Economic growth; Labour Productivity; Domestic Demand; Labour Markets; Europe;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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