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Productive Efficiency in 16 European Countries

Author

Listed:
  • Dino Martellato

    (Department of Economics, University Of Venice C� Foscari)

  • Miguel A. Taranc�n

    (Universidad de Castilla � La Mancha)

Abstract

We investigate in this paper differences in productive efficiency across sixteen European countries. In order to assess differences in productive efficiency, we have built a dynamic input-output model and computed for each country the balanced growth rate and the balanced output composition. After that, we investigate how the differences existing between the output composition for balanced growth and the actual one relate to the differences between the rate of balanced growth and the actual one. In the final part of the paper we examine the influence of individual sectors on the rate of balanced growth by looking for growth-sensitive sectors.

Suggested Citation

  • Dino Martellato & Miguel A. Taranc�n, 2010. "Productive Efficiency in 16 European Countries," Working Papers 2010_22, Department of Economics, University of Venice "Ca' Foscari".
    • Handle: RePEc:ven:wpaper:2010_22
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    More about this item

    Keywords

    Productive efficiency; input-output; growth; Europe;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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