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Original scientific paper
https://doi.org/10.17535/crorr.2020.0021

Export and total factor productivity of EU new member states

Saša Jakšić   ORCID icon orcid.org/0000-0003-4681-4280 ; University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia
Nataša Erjavec   ORCID icon orcid.org/0000-0002-0943-2198 ; University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia
Boris Cota   ORCID icon orcid.org/0000-0002-1349-6880 ; University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia

Fulltext: english, pdf (394 KB) pages 263-273 downloads: 86* cite
APA 6th Edition
Jakšić, S., Erjavec, N. & Cota, B. (2020). Export and total factor productivity of EU new member states. Croatian Operational Research Review, 11 (2), 263-273. https://doi.org/10.17535/crorr.2020.0021
MLA 8th Edition
Jakšić, Saša, et al. "Export and total factor productivity of EU new member states." Croatian Operational Research Review, vol. 11, no. 2, 2020, pp. 263-273. https://doi.org/10.17535/crorr.2020.0021. Accessed 18 Sep. 2021.
Chicago 17th Edition
Jakšić, Saša, Nataša Erjavec and Boris Cota. "Export and total factor productivity of EU new member states." Croatian Operational Research Review 11, no. 2 (2020): 263-273. https://doi.org/10.17535/crorr.2020.0021
Harvard
Jakšić, S., Erjavec, N., and Cota, B. (2020). 'Export and total factor productivity of EU new member states', Croatian Operational Research Review, 11(2), pp. 263-273. https://doi.org/10.17535/crorr.2020.0021
Vancouver
Jakšić S, Erjavec N, Cota B. Export and total factor productivity of EU new member states. Croatian Operational Research Review [Internet]. 2020 [cited 2021 September 18];11(2):263-273. https://doi.org/10.17535/crorr.2020.0021
IEEE
S. Jakšić, N. Erjavec and B. Cota, "Export and total factor productivity of EU new member states", Croatian Operational Research Review, vol.11, no. 2, pp. 263-273, 2020. [Online]. https://doi.org/10.17535/crorr.2020.0021

Abstracts
The common denominator of the European Union’s (EU) strategic long-run documents is the role of total factor productivity in fostering future growth and competitiveness. Hence, this article analyses the impact of total factor productivity on export competitiveness in EU new member states (NMS). As opposed to the stagnation of the growth of total factor productivity in the advanced economies, EU NMS exhibited stronger growth that was interrupted due to the 2008 economic and financial crisis. After the crisis, the growth continued but it was not as strong as before. The results of the empirical analysis confirm the vital role of total factor productivity for the export competitiveness of the EU NMS. However, the results also point to the fact that the impact of total factor productivity on export competitiveness is not that beneficial in the countries where the value of total factor productivity has not returned to the pre-crisis level.

Keywords
dynamic panel models; EU new members; export competitiveness; total factor productivity

Projects
HRZZ / IP / IP-2014-09-5476 / ROSPEC - The role of structural reforms in boosting external competitiveness in European Union countries

Hrčak ID: 248155

URI
https://hrcak.srce.hr/248155

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