distribution dynamics approach in order to analyse the role of some variables in the convergence of productivity across European … regions over the period 1980-2002. We find that the initial productivity crucially accounts in the convergence process across … statistically significant only for the least productive regions. The output composition of a region in 1980 affects the convergence …

distribution dynamics approach in order to analyse the role of some variables in the convergence of productivity across European … regions over the period 1980-2002. We find that the initial productivity crucially accounts in the convergence process across … convergence process of productivity growth in several ways. In particular, the share of non market services on output acts like a …

distribution dynamics approach in order to analyse the role of some variables in the convergence of productivity across European … regions over the period 1980-2002. We find that the initial productivity crucially accounts in the convergence process across … statistically significant only for the least productive regions. The output composition of a region in 1980 affects the convergence …

; iii) in both periods we observe a medium run tendency to polarization, but the long run distribution features convergence …

In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

Long-run income convergence is investigated in the US context. We employ a novel pair-wise econometric procedure based … on a probabilistic definition of convergence. The time-series properties of all the possible regional income pairs are … distinguish between the cases of strong convergence, where the implied cointegrating vector is [1,-1], and weak convergence, where …