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Structural Reform, Productivity and Growth: the case of Greece
Heather Gibson
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Table 1: Growth per Capita and Institutional Quality, what if results for Greece.
Actual Institutions EU-15 Institutions Top-3 Institutions Actual Growth 90’s 1.43 Predicted Growth 90’s 2.64 3.24 3.45 Predicted Growth Increase 22.7% 30.7% Actual Growth 97-06 4.01 Predicted Growth 3.13 3.61 3.83 15.3% 22.4%
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Table 2: Greece’s Ranking
PMR 3rd Edu EPL UK 1.03 FN 0.82 0.21 USA 1.16 0.80 0.64 CA 1.28 GR 0.69 0.78 DK 1.29 SW 0.65 IRE 0.96 1.30 1.83 1.52 SP 2.16 NL 1.58 0.57 AU 1.59 0.56 2.51 GE 1.67 0.55 BE 2.70 1.70 2.74 1.71 PG 0.54 2.79 1.85 FR 0.52 2.94 1.97 IT 0.49 3.01 2.09 0.47 3.35 2.31 0.45 3.43 2.32 0.39 3.82 average 1.65 Average 0.58 2.25
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