productivity convergence among euro area countries. While no convergence can be found on the aggregate level, selected service … sectors and manufacturing sub-industries indicate evidence of convergence. In a search for factors influencing productivity …

prices with respect to the euro area: productivity growth and increased trade openness. Productivity growth can have a … productivity growth a positive one on price level convergence with respect to the euro area …

This paper presents empirical evidence of the effect of FDI inflows on productivity convergence in central and eastern … Europe, using industry-level data. Four conclusions stand out. First, there is a strong convergence effect in productivity …, both at the country and at the industry level. Second, FDI inflow plays an important role in accounting for productivity …

technology diffusion within GVCs. We use these results to explain the pronounced post-crisis drop in Total Factor Productivity …