Differences in total factor productivity growth in the European Union. The role of human capital by income level.

Autor/inn/en	Barcenilla, Sara; Gimenez, Gregorio; Lopez-Pueyo, Carmen
Titel	Differences in total factor productivity growth in the European Union. The role of human capital by income level. Gefälligkeitsübersetzung: Unterschiede im Wachstum der totalen Faktorproduktivität in der Europäischen Union. Die Rolle des Humankapitals auf Einkommensebene.
Quelle	In: Prague economic papers, 28 (2019) 1, S. 70-85 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1210-0455; 2336-730X
DOI	10.18267/j.pep.689
Schlagwörter	Technologische Entwicklung; Diffusion; Humankapital; Einkommenshöhe; Wirtschaftswachstum; Qualifikation; Europäische Union; Belgien; Bulgarien; Deutschland; Dänemark; Estland; Finnland; Frankreich; Griechenland; Großbritannien; Irland; Italien; Kroatien; Lettland; Litauen; Luxemburg; Malta; Niederlande; Polen; Portugal; Rumänien; Schweden; Slowakei; Slowenien; Spanien; Tschechische Republik; Ungarn; Zypern; Österreich
Abstract	"This article applies Oaxaca-Blinder and Shorrocks-Shapley decomposition techniques to a logistic diffusion model in order to explain the differences in Total Factor Productivity Growth (TFPG) in European Union (EU) countries for the period 1950 - 2011. Human capital has a dual positive effect on TFPG by boosting innovation and increasing the catch-up capacity of countries to absorb and imitate foreign technologies. Our results show that there are statistically significant differences in the intensity of these effects between high and low average income EU countries, while there are not between euro and non-euro countries. The mean difference in technical change between high and low-income EU countries is largely the result of three factors. The first is the higher average foreign technology assimilation capacity of low income countries. This is particularly true because they are further from the technological frontier and are able to benefit from the advantage of backwardness. The second is the higher direct effect of human capital on technical change in these countries, while the third factor is the higher slowdown role of proximity in them." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2019/4