New methodology for better European productivity
The current problem of the European economy is a paradox: EU Member States have innovating economies but they fail to achieve increases in productivity, wages and domestic growth. The EU-funded BigProd project aims to broaden present econometrics methodologies with theoretically sound 'Big Data' operationalised measures, validated through pilots and communicated to relevant stakeholders – a method achieved by uncovering the origins of the slowdown of productivity in many Western economies. The BigProd model will be operationalised through a random stratified sample of up to 200 000 European companies. This proposed approach is highly novel and will help create new policies to solve issues of low productivity.
Field of science
- /natural sciences/computer and information sciences/data science/big data
- /social sciences/economics and business/economics/production economics/productivity
Call for proposal
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Funding SchemeRIA - Research and Innovation action