The political economy of productivity growth

Detalhes bibliográficos
Autor(a) principal: Alexandre, Fernando
Data de Publicação: 2022
Outros Autores: Bação, Pedro, Veiga, Francisco José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://hdl.handle.net/1822/84688
Resumo: Supplementary material related to this article can be found online at: https://doi.org/10.1016/j.ejpoleco.2022.102185.
id RCAP_431331f666e173158ea396771a12317b
oai_identifier_str oai:repositorium.sdum.uminho.pt:1822/84688
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling The political economy of productivity growthEconomic developmentEconomic freedomInstitutionsPolitical stabilityProductivity growthCiências Sociais::Economia e GestãoSocial SciencesSupplementary material related to this article can be found online at: https://doi.org/10.1016/j.ejpoleco.2022.102185.This paper empirically evaluates the importance of institutions and political stability for productivity growth. We explore this relation in a novel way by evaluating the impact of political and institutional variables on the structural change and within-sector components of labor productivity growth. Our results do not provide robust evidence that democracy/autocracy affects productivity growth, either through structural change or within-sector productivity growth. However, political instability appears to have adverse effects on both components of productivity growth. Our estimates also show that economic freedom is associated with within-sector productivity growth. More precisely, our results suggest that an institutional context that favors business dynamism, that is, free entry, the growth of the more productive firms and the exit of the less productive, may be crucial for long-run productivity growth and economic development.The authors thank two anonymous reviewers, Rutger Schilpzand, Frank Bohn, Miguel Portela and participants at the 2021 conference of the European Public Choice Society, the NIPE seminar at the University of Minho, and the seminar at Radboud University for very useful comments. The authors thank João Pacheco for his research assistance. The authors acknowledge that this paper is financed by National Funds of the FCT — Portuguese Foundation for Science and Technology, projects UID/ECO/03182/2019, Project UIDB/05037/2020, and PTDC/EGE-ECO/29822/2017 (‘‘It’s All About Productivity: contributions to the understanding of the sluggish performance of the Portuguese economy’’).Elsevier 1Universidade do MinhoAlexandre, FernandoBação, PedroVeiga, Francisco José2022-012022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/84688engAlexandre, F., Bação, P., & Veiga, F. J. (2022, December). The political economy of productivity growth. European Journal of Political Economy. Elsevier BV. http://doi.org/10.1016/j.ejpoleco.2022.1021850176-268010.1016/j.ejpoleco.2022.102185https://www.sciencedirect.com/science/article/pii/S0176268022000052info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-07-13T02:10:12Zoai:repositorium.sdum.uminho.pt:1822/84688Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-07-13T02:10:12Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The political economy of productivity growth
title The political economy of productivity growth
spellingShingle The political economy of productivity growth
Alexandre, Fernando
Economic development
Economic freedom
Institutions
Political stability
Productivity growth
Ciências Sociais::Economia e Gestão
Social Sciences
title_short The political economy of productivity growth
title_full The political economy of productivity growth
title_fullStr The political economy of productivity growth
title_full_unstemmed The political economy of productivity growth
title_sort The political economy of productivity growth
author Alexandre, Fernando
author_facet Alexandre, Fernando
Bação, Pedro
Veiga, Francisco José
author_role author
author2 Bação, Pedro
Veiga, Francisco José
author2_role author
author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Alexandre, Fernando
Bação, Pedro
Veiga, Francisco José
dc.subject.por.fl_str_mv Economic development
Economic freedom
Institutions
Political stability
Productivity growth
Ciências Sociais::Economia e Gestão
Social Sciences
topic Economic development
Economic freedom
Institutions
Political stability
Productivity growth
Ciências Sociais::Economia e Gestão
Social Sciences
description Supplementary material related to this article can be found online at: https://doi.org/10.1016/j.ejpoleco.2022.102185.
publishDate 2022
dc.date.none.fl_str_mv 2022-01
2022-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/1822/84688
url https://hdl.handle.net/1822/84688
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Alexandre, F., Bação, P., & Veiga, F. J. (2022, December). The political economy of productivity growth. European Journal of Political Economy. Elsevier BV. http://doi.org/10.1016/j.ejpoleco.2022.102185
0176-2680
10.1016/j.ejpoleco.2022.102185
https://www.sciencedirect.com/science/article/pii/S0176268022000052
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier 1
publisher.none.fl_str_mv Elsevier 1
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
_version_ 1817545243289976832

Registros relacionados