Tsionas, Efthymios G. - In: Eastern Economic Journal 26 (2000) 3, pp. 297-320
The paper examines the convergence properties of productivity in fifteen European countries over the period 1960 … trends in productivity series is also examined. The results suggest strong evidence against unconditional or conditional … convergence. However, European productivity time series can be described by a relatively small number of common long-run trends. …