Dumont, Michel
[Verfasser:in]
;
Merlevede, Bruno
[Sonstige Person, Familie und Körperschaft];
Rayp, Glenn
[Sonstige Person, Familie und Körperschaft];
Verschelde, Marijn
[Sonstige Person, Familie und Körperschaft]
Erschienen in:National Bank of Belgium Working Paper ; No. 261
Umfang:
1 Online-Ressource (147 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2473091
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 2014 erstellt
Beschreibung:
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firm level competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output relation. Using AMADEUS firm-level data covering 10 manufacturing sectors from seven EU15 countries, (i) we document substantial, persistent differences in competitiveness (with Belgium and Germany as benchmark countries and Spain lagging behind) and a wide technology gap, (ii) we confirm the absence of convergence in TFP between the seven selected countries, (iii) we confirm that the technology gap is more pronounced for smaller firms, (iv) we highlight the role of post-entry growth for competitiveness