EIB Working Paper 2021/04 - Aggregate productivity slowdown in Europe (Record no. 3068433)
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| control field | oapen50074 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | oapen |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20231220155042.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
| fixed length control field | m o d |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr|mn|---annan |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 210715s2021 xx |||||o ||| 0|eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | /doi.org/10.2867/795159 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9789286150357 |
| 024 7# - OTHER STANDARD IDENTIFIER | |
| Standard number or code | https://doi.org/10.2867/795159 |
| Source of number or code | doi |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | oapen |
| Transcribing agency | oapen |
| 041 0# - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | KFF |
| Source | bicssc |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Wolski, Marcin |
| Relator code | auth |
| 9 (RLIN) | 1583512 |
| 245 10 - TITLE STATEMENT | |
| Title | EIB Working Paper 2021/04 - Aggregate productivity slowdown in Europe |
| Remainder of title | New evidence from corporate balance sheets |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc | European Investment Bank |
| Date of publication, distribution, etc | 2021 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource |
| 336 ## - | |
| -- | text |
| -- | txt |
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| -- | c |
| -- | rdamedia |
| 338 ## - | |
| -- | online resource |
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| -- | rdacarrier |
| 506 0# - RESTRICTIONS ON ACCESS NOTE | |
| Terms governing access | Open Access |
| Standardized terminology for access restriction | Unrestricted online access |
| Source of term | star |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Using firm balance sheet data, this paper shows the impact of credit constraints on allocative efficiency and productivity growth. Allocative efficiency is the extent to which resources, including labour, are distributed to firms with the highest growth prospects, or "stuck" in less productive firms. This paper uses firm balance sheet data to analyse the role of financial constraints in the relatively muted post-crisis rebound in productivity in 2014-17, compared to previous upturns in Europe. It shows that the level of financial leverage played an important role in explaining the change in aggregate productivity growth in Europe between 2004 and 2017. Focusing on Northern and Western Europe, it also shows that the productivity potential could not be fully exploited due to constraints on access to credit. It estimates that reducing collateral bottlenecks could more than double the effectiveness of financial leverage in spurring productivity growth in this region between 2014-17. |
| 540 ## - TERMS GOVERNING USE AND REPRODUCTION NOTE | |
| Terms governing use and reproduction | Creative Commons |
| -- | https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| -- | cc |
| Uniform Resource Identifier | <a href="https://creativecommons.org/licenses/by-nc-nd/4.0/">https://creativecommons.org/licenses/by-nc-nd/4.0/</a> |
| 546 ## - LANGUAGE NOTE | |
| Language note | English |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Finance |
| Source of heading or term | bicssc |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Business & Economics |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Finance |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | European Investment Bank |
| Relator code | edt |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | European Investment Bank |
| Relator code | oth |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Maurin, Laurent |
| Relator code | auth |
| 9 (RLIN) | 1561072 |
| 793 0# - | |
| -- | OAPEN Library. |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://library.oapen.org/bitstream/id/5dd8c38b-b98c-48ac-acc6-5ff740502749/9789286150357.pdf">https://library.oapen.org/bitstream/id/5dd8c38b-b98c-48ac-acc6-5ff740502749/9789286150357.pdf</a> |
| -- | 0 |
| Public note | Open Access: OAPEN Library, download the publication |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://library.oapen.org/handle/20.500.12657/50074">https://library.oapen.org/handle/20.500.12657/50074</a> |
| -- | 0 |
| Public note | Open Access: OAPEN Library: description of the publication |
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