| Nº Sistema | 000476512 |
| Autor | |
| Título | Revisiting productivity dynamics in Europe [Recurso electrónico] : a new measure of utilization-adjusted TFP growth / Diego Comin, Javier Quintana, Tom Schmitz, Antonella Trigari. |
| Publicado en | Journal of the European Economic Association [Artículos], v. 23, Issue 4, August 2025, pp. 1598–1633 |
| Nota general | Artículo de revista |
| Resumen | We compute new estimates of total factor productivity (TFP) growth in the five largest European economies. Our estimates account for positive profits and use firm surveys to proxy for unobserved changes in factor utilization. These novelties have a major impact: Our estimated TFP growth series are substantially less volatile and less cyclical than the ones obtained with standard methods. Based on our approach, we provide annual industry-level and aggregate TFP series, as well as the first estimates of profit and utilization-adjusted quarterly TFP growth in Europe. [Resumen de autor] [eng] |
| Restricciones | Acceso electrónico RESTRINGIDO por IP a los usuarios de la Biblioteca del Banco de España |
| Acceso electrónico | |
| Relacionado con | Documentos de Trabajo / Banco de España ; 2143 |
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