G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15870
DP15870 Institutions and the Productivity Challenge for European Regions
Andrés Rodríguez-Pose; Roberto Ganau
发表日期2021-03-02
出版年2021
语种英语
摘要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 paper 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.
主题International Trade and Regional Economics
关键词Labour productivity Institutional quality Physical capital Human capital Innovation Regions Europe
URLhttps://cepr.org/publications/dp15870
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544862
推荐引用方式
GB/T 7714
Andrés Rodríguez-Pose,Roberto Ganau. DP15870 Institutions and the Productivity Challenge for European Regions. 2021.
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