The low productivity of European firms: how can policies enhance the allocation of resources?

GSTDTAP > 资源环境科学

	The low productivity of European firms: how can policies enhance the allocation of resources?
	Grégory Claeys; Marie Le Mouel and Giovanni Sgaravatti
	2022-04-25
出版年	2022
国家	欧洲
领域	资源环境
英文摘要	0.3 Mb Download PDF This Working Paper is an output from the MICROPROD project, which received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement no. 822390. This paper summarises the most important policy lessons from the research undertaken in the MICROPROD project, work package 4, related to the allocation of the factors of production, with a special focus on the weak dynamism of European small and medium-sized enterprises (SMEs). In particular, MICROPROD work package 4 investigated the impact of labour market institutions and skill shortages on firm dynamism, and which types of (foreign) competition are conducive for total factor productivity (TFP) maximizing factor allocation. The papers of this work package also explored the side effects of unconventional monetary policy and of forbearance in bank restructuring for the survival of ‘zombie’ firms, and for employment growth and the TFP of new SMEs. *Recommended citation* Claeys, G., M. Le Mouel and G. Sgaravatti (2022) ‘The low productivity of European firms: how can policies enhance the allocation of resources?’, Working Paper 06/2022, Bruegel
URL	查看原文
来源平台	Bruegel
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/350227
专题	资源环境科学
推荐引用方式 GB/T 7714	Grégory Claeys,Marie Le Mouel and Giovanni Sgaravatti. The low productivity of European firms: how can policies enhance the allocation of resources?,2022.