期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN:1830-3420
电子版ISSN:1830-3439
出版年度:2014
出版社:European Central Bank
摘要:In this paper a semiparametric stochastic metafrontier approach is used to ob-tain insight into rm-level competitiveness in Europe. We dier from standard TFPstudies at the rm level as we simultaneously allow for ineciency, noise and do notimpose a functional form on the input-output relation. Using AMADEUS rm-leveldata covering 10 manufacturing sectors from seven EU15 countries, (i) we documentsubstantial, persistent dierences in competitiveness (with Belgium and Germany asbenchmark countries and Spain lagging behind) and a wide technology gap, (ii) weconrm the absence of convergence in TFP between the seven selected countries, (iii)we conrm that the technology gap is more pronounced for smaller rms, (iv) wehighlight the role of post-entry growth for competitiveness.
关键词:competitiveness; cross-country analysis; rm heterogeneity; total fac-;tor productivity; post-entry growth