Total Factor Productivity Growth, Structural Change and Convergence in the New Members of the European Union

被引：0
作者：
El-hadj M Bah
Josef C Brada
机构：
[1] University of Auckland,Department of Economics
[2] Arizona State University,Department of Economics
[3] Macedonian Academy of Sciences and Arts,undefined
来源：
Comparative Economic Studies | 2009年 / 51卷 / 4期
关键词：
European Union; total factor productivity; structural change; economic convergence; economic growth; capital accumulation; productivity; D24; E22; O11; O14; O41; O47;
D O I：
10.1057/ces.2009.8
中图分类号：
学科分类号：
摘要：
We estimate total factor productivity (TFP) growth in agriculture, industry and services in new European Union member countries and show how structural change contributes to growth. Because of the difficulties in measuring the capital stock of transition economies, we develop a model that estimates sectoral TFPs from data on sectoral employment and GDP per capita. Compared to Austria, new EU members have lower TFP levels, but their TFP growth is largely higher. Inter-sectoral movements of labour do not play a large role in aggregate TFP growth, and capital accumulation is an important component of convergence to EU levels of per capita GDP.
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页码：421 / 446
页数：25
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