Hidden Bibliographic Details
| Other authors / contributors: | Banerjee, Biswajit.
Jarmuzek, Mariusz.
International Monetary Fund.
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| ISBN: | 145191721X
9781451917215
9781451917215
9781451872927
1451872925
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| Notes: | Available in PDF, ePUB, and Mobi formats on the Internet.
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| Summary: | This paper examines economic growth and various dimensions of regional disparities in Slovakia. We find that regional disparities in the levels of GDP per capita, labor productivity, and labor utilization have widened since 2000, coinciding with the time that Slovakia initiated negotiations on EU accession. Notwithstanding?-divergence in the levels, there was conditional?-convergence in the growth rates of GDP per capita and labor productivity. Improvements in total factor productivity were the main engine of growth of GDP in all regions. Sustaining growth and reducing disparities will require increasing the labor utilization ratio and improving the structural and policy determinants of productivity in the eastern regions. The main policy priorities are to improve transportation infrastructure, enhance cost competitiveness through greater regional differentiation in wages and further decentralization of collective bargaining, and increase accumulation of human capital.
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| Standard no.: | 10.5089/9781451917215.001
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