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MICROPROD

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Cerrado

Raising EU Productivity Lessons from Improved Micro Data

MICROPROD will examine the empirical observation that productivity growth in the developed world has slowed down in the past decade despite both technological innovation continuing as well as greater openness to trade. Our objecti... ver más

30/06/2022

IWH

3M€

Presupuesto del proyecto: 3M€

Líder del proyecto

LEIBNIZINSTITUT FUER WIRTSCHAFTSFORSCHUNG HAL... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

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Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2022-06-30

TRANSFORMATIONS-14-2018: Supply and demand-oriented economic... Specific Challenge:Years after the crisis and near-zero interest rates, resilient economic growth is...

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10 Participantes

IWH

940.93K€ | Lider

TEXIA FINISHING

363.70K€ | Participante

BRUEGEL AISBL

438.27K€ | Participante

394.13K€ | Participante

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Duración del proyecto: 43 meses Fecha Inicio: 2018-11-05
Fecha Fin: 2022-06-30

Líder del proyecto

LEIBNIZINSTITUT FUER WIRTSCHAFTSFORSCHUNG HAL... No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 3M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto MICROPROD will examine the empirical observation that productivity growth in the developed world has slowed down in the past decade despite both technological innovation continuing as well as greater openness to trade. Our objective is to provide explanations to this puzzle, improving our understanding of productivity and its drivers in general as well as the way that we measure it. In bringing together top micro and macro-economists from highly reputable research institutions in both the academic and policy communities with experts from statistical agencies, MICROPROD will provide the building blocks for next generation economic policy thinking and attempts to answer the following four set of questions: 1) Do we measure productivity correctly? We will gather relevant data and improve the methodologies used to measure productivity. This will be done in a comparative European perspective and with the help of statistical authorities. 2) Do we understand all the mechanisms at work, from intangible investments to integrating into global value chains? We will increase our understanding of how these mechanisms lead to new methods of production, in the way that inputs are combined to produce outputs. 3) What are the combined effects of globalisation and technological change in terms of their distributional impacts? Newly available micro-level data will allow us to provide evidence on the channels through which globalisation and technological change interact with financial and labour market imperfections and impact on the distributions of productivity and income, with an analysis spanning both within and across countries. 4) Is the policy environment conducive to the new productivity environment? Are policies in place designed to support the new mechanisms at work and how can they be adapted in the EU context? We will examine how the general macroeconomic environment can ensure that demand meets supply and that there is adequate financing to promote investment and growth.

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