Relative Prices and Sectoral Labor Productivity Differentials : A Long-Run Analysis for Greece

This paper investigates empirically the long-run linkages between sectoral relative prices and labor productivities implied by the Balassa (1964) and Samuelson (1964) framework. The role of wage non-homogeneity across sectors is explored by incorporating sectoral wages into the analysis. The results of the cointegration methodology fail to establish the existence of a stable long-run relationship

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Year of publication:	2018
Authors:	Bragoudakis, Zacharias ; Moschos, Demetrios
Publisher:	[S.l.] : SSRN
Subject:	Griechenland \| Greece \| Arbeitsproduktivität \| Labour productivity \| Relativer Preis \| Relative price

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Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Ekonomia, Vol. 4, No. 2, Winter 2000 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 1999 erstellt
Classification:	F41 - Open Economy Macroeconomics ; C32 - Time-Series Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014075029