The Institutional Roots of Post-War European Economic Under-performance - A Regional Approach

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Fältnamn	Indikatorer	Metadata
000		02462naa a2200289 4500
001		oai:lup.lub.lu.se:27cfa5f5-448c-48a6-b388-14936ad19e73
003		SwePub
008		160401s2011 \| \|\|\|\|\|\|\|\|\|\|\|000 \|\|eng\|
024	7	a https://lup.lub.lu.se/record/17592472 URI
024	7	a https://doi.org/10.1017/S13614916110000132 DOI
040		a (SwePub)lu
041		a engb eng
042		9 SwePub
072	7	a art2 swepub-publicationtype
072	7	a ref2 swepub-contenttype
100	1	a Enflo, Kerstinu Lund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM4 aut0 (Swepub:lu)ekh-kse
245	1 0	a The Institutional Roots of Post-War European Economic Under-performance - A Regional Approach
264	1	c 2011
520		a Abstract in UndeterminedThis article investigates which institutions and policies were related to the increase in European unemployment since 1970 and the productivity stagnation since the mid 1990s. By using data for 88 regions in nine European countries, national policies and institutions are analysed in a fixed-effects panel-data model to detect their relative importance after controlling for unobservable regional factors. The main finding is that institutions only started to matter after the oil crisis. The strongest institutional effects on employment came from the net reservation wages and employment protection laws. The institutional effects on productivity were mainly channelled through the employment productivity trade-off. By restricting the supply of labour, these effects were positive on productivity in the short run. However, the article shows that the long-run effects were negative and that there may be institutional roots to the European productivity slow-down in the 1990s.
650	7	a SAMHÄLLSVETENSKAPx Ekonomi och näringslivx Ekonomisk historia0 (SwePub)502032 hsv//swe
650	7	a SOCIAL SCIENCESx Economics and Businessx Economic History0 (SwePub)502032 hsv//eng
710	2	a Ekonomisk-historiska institutionenb Ekonomihögskolan4 org
773	0	t European Review of Economic Historyg 15:02, s. 329-355q 15:02<329-355x 1474-0044
856	4	u http://journals.cambridge.org/repo_A82oVw9Hx freey FULLTEXT
856	4	u http://dx.doi.org/10.1017/S1361491611000013y FULLTEXT
856	4 8	u https://lup.lub.lu.se/record/1759247
856	4 8	u https://doi.org/10.1017/S1361491611000013

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Av författaren/redakt...: Enflo, Kerstin

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SAMHÄLLSVETENSKAP: SAMHÄLLSVETENSKA ...; och Ekonomi och näri ...; och Ekonomisk histor ...

Artiklar i publikationen: European Review ...

Av lärosätet: Lunds universitet

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