Alexiadis, Stilianos; Tsagdis, Dimitrios - In: Cambridge Journal of Economics 34 (2010) 6, pp. 1001-1017
The cumulative causation in the relation between labour productivity and output growth, known as Verdoorn's Law, is empirically tested using data from 109 EU12 regions during the period 1977--2005. Several specifications of Verdoorn's Law are put forward in this paper, which attribute the...