How to boost productivity in the EU

Weyerstrass, KlausORCID: (2018) How to boost productivity in the EU. European Network for Economic and Fiscal Policy Research, EconPol Policy Briefs 2 (8), 15 p.

[img] Other (EconPol Europe Policy Brief)
Restricted to repository staff only

Download (502kB)


Advances in total factor productivity (TFP) are important for sustaining economic growth in modern economies, in particular in the face of a declining working-age population. In this Policy Brief, we identify investment in research and development, good governance, the capital intensity, a high share of information technology in the total capital stock, and the number of industrial robots per employee as conducive for TFP growth. Based on the empirical results, policies that are beneficial for capital formation in general, investment in computer technology, research and development as well as the use of industrial robots could boost TFP in Europe.

Item Type: Discussion/ Working Paper (Unspecified)
Research Units: Former Research Units (until 2020) > Macroeconomics and Economic Policy
Date Deposited: 07 Sep 2018 10:57
Last Modified: 03 Jul 2019 12:06

Actions (login required)

View Item View Item