How to overcome the crisis of the European growth potential? The role of the government

We suppose that the dramatic decline in the European output is more than a cyclical diversion from the potential output. We performed a medium term quantitative analysis combining data based on the production function and growth accounting approach. Our results show that the erosion of the European...

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Bibliographic Details
Main Authors: Andrea Elekes, Péter Halmai
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2019-12-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://ejce.liuc.it/18242979201902/182429792019160206.pdf