Do regional integration and trade linkages promoteproductivity spillovers? Evidence from the European Union

Autor: Hazwan Haini, Pang Wei Loon
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Airija (Ireland)
Portugalija (Portugal)
Europos Sąjunga / European Union
Vengrija (Hungary)
Kipras (Cyprus)
Slovakija (Slovakia)
Lietuva (Lithuania)
Suomija (Finland)
Latvija (Latvia)
Vokietija (Germany)
Nyderlandai (Netherlands)
Ekonominė politika. Globalizacija. Integracija / Economic policy. Globalisation. Integration
Estija (Estonia)
Slovėnija (Slovenia)
Ispanija (Spain)
Graikija (Greece)
Austrija (Austria)
Malta
Ekonominė padėtis / Economic conditions
Kroatija (Croatia)
Prancūzija (France)
Čekijos Respublika (Czech Republic)
Danija (Denmark)
Italija (Italy)
Luksemburgas (Luxemboug)
Belgija (Belgium)
Political Science and International Relations
Lenkija (Lenkijos karalystė
Rzeczpospolita Polska
Kingdom of Poland
Poland)
Bulgarija (Bulgaria)
Rumunija (Romania)
General Economics
Econometrics and Finance
Švedija (Sweden)
Zdroj: Baltic journal of economics 2023, Vol. 23, no. 1, P. 61-90
ISSN: 1406-099X
2334-4385
Popis: This study examines the productivity and efficiency spillovers in the presence of trade linkages in 27 European Union countries from 1990 to 2019. The European Union is one of the largest trading blocs in the world and has implemented costly policies and reforms to improve productivity growth. Meanwhile, trade induced productivity and efficiency spillovers have often been overlooked in the literature, and examining them could provide further clarity to the productivity puzzle. Using a spatial Durbin model and a bilateral trade matrix, this study estimates a spatial stochastic production frontier model using data from the Penn World Table and the World Integrated Trade Solution. We decompose production frontier estimates to obtain the spillover effects of total factor productivity growth and technical efficiency from a network of bilateral trading partners. Our results provide evidence of productivity and efficiency spillovers; however, the gains are uneven. Policy implications are discussed. Keywords: European union (EU); Eurozone; spillovers; total factor productivity (TFP); spatial Durbin model.
Databáze: OpenAIRE
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