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Celková Faktorová Produktivita A Jej Determinanty V Európskej Únii (Total Factor Productivity And Its Determinants In The European Union)

Author

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  • Petra Čekmeová

    (Ekonomicko-správní fakulta, Masarykova univerzita)

Abstract

Problematika európskej produktivity je ústrednou témou mnohých ekonomických a politických debát vzhľadom na fakt, že relatívne nízka miera produktivity predstavuje seriózny problém pre európske ekonomiky. Cieľom práce je odhadnúť tempo rastu celkovej faktorovej produktivity v jednotlivých členských štátoch Európskej únie a identifikovať jej najvýznamnejšie determinanty. V práci aplikujeme metódu rastového účtovníctva a Bayesiánskeho priemerovania modelov. Analýza je prevedená na ročných dátach pre 19 členských štátov a pokrýva obdobie 1996-2014. Výsledky naznačujú, že najrobustnejším faktorom s pozitívnym efektom je otvorenosť a že výrazný vplyv má aj aktívna politika na trhu práce.The issue of the European productivity is a central theme of many economic and policy debates as a relatively low level of productivity constitutes a serious problem for the European economies. The aim of this paper is to calculate the total factor productivity growth for the European member states and find out its most significant determinants. As analytical tools we apply the growth accounting method and the Bayesian Model Averaging. The analysis is executed on yearly observations for 19 member states of the European union covering the period from 1996 to 2014. The results suggest that the most robust factor with positive effect is the openness and that the considerably high impact can be attributed to active labour market policies.

Suggested Citation

  • Petra Čekmeová, 2016. "Celková Faktorová Produktivita A Jej Determinanty V Európskej Únii (Total Factor Productivity And Its Determinants In The European Union)," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 14(1), pages 19-35.
    • Handle: RePEc:brv:journl:v:14:y:2016:i:1:p:19-35
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    References listed on IDEAS

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    1. Flemes, Daniel, 2007. "Emerging Middle Powers' Soft Balancing Strategy: State and Perspectives of the IBSA Dialogue Forum," GIGA Working Papers 57, GIGA German Institute of Global and Area Studies.
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    More about this item

    Keywords

    Celková faktorová produktivita; Determinanty celkovej faktorovej produktivity; Európska Únia; Bayesiánske priemerovanie modelov; Rastové účtovníctvo;
    All these keywords.

    JEL classification:

    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications

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