Fafaliou, Irene; Polemis, Michael - In: International Advances in Economic Research 19 (2013) 1, pp. 45-61
The purpose of this paper is to assess the main aspects involved in the competitiveness of manufacturing industries in the Euro zone area (EZ-12). To this end, we apply the generalized method of moments to a panel data error correction model. Our sample spans the period from 1970 to 2007, and...