Total Factor Productivity, Efficiency, and Technological Change in the European Regions: A Nonparametric Approach

2009 ◽  
Vol 41 (5) ◽  
pp. 1152-1170 ◽  
Author(s):  
Roberto Ezcurra ◽  
Belen Iraizoz ◽  
Pedro Pascual
Keyword(s):  
European Union ◽  
Technological Change ◽  
Total Factor Productivity ◽  
Malmquist Index ◽  
Geographical Location ◽  
The European Union ◽  
European Regions ◽  
Factor Productivity ◽  
Cross Sectional ◽  
Nonparametric Approach

This paper examines the global trend of total factor productivity, efficiency, and technological change in the European Union regions over the period 1986–2004, using the Malmquist index computed by data envelopment analysis. The results reveal the important role played by technical efficiency in explaining total factor productivity growth in the European Union. For this reason, in a second stage, we investigate existing regional disparities in efficiency levels across the European regions, using a nonparametric methodology that allows us to study the dynamics of the entire cross-sectional distribution. Estimates show the presence of a process of convergence in efficiency levels over the sample period, despite a relatively low degree of intradistribution mobility. In order to complete these results, factors such as the geographical location of the various regions, country-specific characteristics, or the sectoral composition of economic activity were examined for their role in explaining the observed disparities.

scholarly journals Oil Price Uncertainty, Globalization, and Total Factor Productivity: Evidence from the European Union

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3429
Author(s):  
Svetlana Balashova ◽  
Apostolos Serletis
Keyword(s):  
European Union ◽  
Total Factor Productivity ◽  
New Technologies ◽  
Innovation System ◽  
Price Volatility ◽  
Oil Price ◽  
Price Uncertainty ◽  
The European Union ◽  
Factor Productivity ◽  
Tfp Growth

This paper uncovers linkages between oil price uncertainty, total factor productivity (TFP) growth, and critical indicators of knowledge production and spillovers. It contributes to the literature by investigating the effects of oil price volatility on TFP growth, controlling for two different channels for TFP growth; benefits from the quality of the national innovation system and from adopting new technologies. We use an unbalanced panel for 28 European Union countries for the period from 1990 to 2018. We find that oil price uncertainty has a negative and statistically significant effect on TFP growth, even after we control for technological advancements and the effects of globalization. We also find that the scale of research and innovation and international trade are positive contributors to TFP growth.

Germany’s Growth Prospects against the Backdrop of Demographic Change

2020 ◽  
Vol 240 (5) ◽  
pp. 565-605
Author(s):  
Sebastian Breuer ◽  
Steffen Elstner
Keyword(s):  
European Union ◽  
European Commission ◽  
Total Factor Productivity ◽  
Unemployment Rate ◽  
The European Union ◽  
Factor Productivity ◽  
Structural Unemployment ◽  
Potential Output ◽  
Labour Input ◽  
Growth Prospects

AbstractThis paper shows how the German Council of Economic Experts (GCEE) determines Germany’s potential output, and compares the results with those of the European Commission. The approach of the European Commission is a natural benchmark, as it provides the basis for the deficit and debt rules of the European Union. In comparison with the European Commission’s method, the GCEE’s method places greater emphasis on demographic factors in estimating labour input. Additionally, both approaches differ regarding how they estimate the structural unemployment rate and total factor productivity. Finally, this paper discusses the limitations of, and the different options for estimating potential output.

What are the drivers of total factor productivity in the European Union?

2015 ◽  
Vol 25 (4) ◽  
pp. 406-434 ◽  
Author(s):  
Agnieszka Gehringer ◽  
Inmaculada Martínez-Zarzoso ◽  
Felicitas Nowak-Lehmann Danzinger
Keyword(s):  
European Union ◽  
Total Factor Productivity ◽  
The European Union ◽  
Factor Productivity

Contemporary Turkish-French Rivalry in Libya

2021 ◽  
Vol 28 ◽  
Keyword(s):  
European Union ◽  
Geographical Location ◽  
The European Union ◽  
Economic Competition ◽  
Oil Companies ◽  
The Third ◽  
Turkish Government ◽  
Islamic Identity ◽  
The Arab Spring ◽  
The Impact

The research represents a real attempt to show the contemporary competition and conflict that erupted between countries to control the countries that affected by The Arab Spring. Especially the oil-rich, including Libya, which has a distinguished geographical location, so this is what made France and Turkey engage in a political adventure, an economic competition, and an attempt to establish influence in Libya. The State of Libya was completely destroyed in order to control its oil, which is targeted by Western countries and their oil companies. The Turkish government tried to exploit its Islamic identity to influence the emotions of the Libyan parties and provided support for them. Then, it made an agreement with the Libyan government headed by Fayez al-Sarraj to demarcate the maritime borders, which gave it space to pressure against its opponents in the Mediterranean, after its negotiations to join the European Union failed due to France's refusal to join. The research was divided into five parts, the first dealt with contemporary Turkish-French relations, while the second one dealt with Turkey's position on the French intervention in Libya in 2011. The third one showed France's position on Turkey's accession to the European Union. The fourth one clarified the Turkish-French relations after the 2011 Libyan crisis. The fifth one included the contemporary French strategy in Libya, and finally the sixth one revolved around the impact of the Turkish-French competition on Libya. Keywords: crisis, oil, Libya, Turkey, competition, France.

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