Enhancing competitiveness and fostering sustainable growth: methodological issues and empirical results
European Central Bank, Frankfurt am Main, 25 - 26 June 2015
Conference material
Introduction
Welcome address by Peter Praet, Member of the Executive Board, European Central Bank
Introductory remarks, Filippo di Mauro, European Central Bank
SlidesSession 1: Global Value Chains
Import Competition, Productivity and Multi-Product Firms, Emmanuel Dhyne, Amil Petrin, Valerie Smeets, Frederic Warzynski
Academic panel
Session 2: Resource Allocation and Growth
“Capital Allocation and Productivity in South Europe”, Gita Gopinath, Sebnem Kalemli-Ozcan, Loukas Karabarbounis, Carolina Villegas-Sanchez
“Productivity, Misallocation and Trade”, Antoine Berthou, Charlotte Sandoz, Kalina Manova
Academic panel
Round Table: Towards Sustainable Growth
Rapporteurs: João Amador and Antoine Berthou
SlidesPanellists: Boris Vujčić, Giancarlo Corsetti
Session 3: Trade and Competitiveness
“It takes (more than) a moment: Revisiting the link between firm productivity and aggregate exports”, Giorgio Barba Navaretti, Matteo Bugamellli, Emanuele Forlani, Gianmarco I.P. Ottaviano
“Unravelling Firms: Demand, Productivity and Mark-ups Heterogeneity”, Emanuele Forlani, Ralf Martin, Giordano Mion, Mirabelle Muûls
PresentationAcademic panel
Session 4: Firm Heterogeneity and the Business Cycle
“Exchange rate movements, firm-level exports and heterogeneity”, Antoine Berthou, Calin-Vlad Demian, Emmanuel Dhyne
“Demand learning and firm dynamics: evidence from exporters”, Nicolas Berman, Vincent Rebeyrol, Vincent Vicard
Academic panel
Round Table: Engine for Growth, Structural Reforms and Monetary Policy
Chair: Athanasios Orphanides
SlidesRapporteurs: Paloma López-Garcia and Konstantins Benkovskis
SlidesPanellists: Paolo Pesenti, Debora Revoltella and Dirk Pilat
Hosted by Filippo di Mauro (ECB), Chairman of CompNet
The conference was on the following fields:
- Trade and productivity, including firm heterogeneity and trade, exchange rate and pass-through, and price and non-price competitiveness
- (Mis)allocation of resources and the role of institutions
- (Mis)allocation of resources and credit constraints
- Potential growth and the business cycle
- The role of global value chains, including firm boundaries and competitiveness, cross-country spillovers and domestic impact on productivity