Showing 1 - 10 of 419
This study investigates the existence of regional convergence of per capita outputs in China from 1952 …’s provincial real per capita outputs to examine the regional convergence in China. To obtain the p-values of unit root tests for … Carlo simulation. The results obtained from this study reveal that the convergence of the provincial per capita outputs …
Persistent link: https://www.econbiz.de/10005621418
This paper examines, through the use of plant-level data, whether R&D’s productivity impact is contingent on the … distance of a plant’s productivity from the industry’s technological frontier. R&D is specified as an accumulated stock from R …&D investments. We analyse the productivity effect of a plant’s own R&D as well as the productivity impact of the plant’s parent firm …
Persistent link: https://www.econbiz.de/10005789994
Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze … United States showed a behavior that was influenced by new technologies, whereas in Spain the contribution of productivity to …
Persistent link: https://www.econbiz.de/10005040714
for improved productivity performance in the Central and Eastern Europe countries (CEE) at the macro and industry level …
Persistent link: https://www.econbiz.de/10008869287
FDI. In the second “expansionary” phase the sustained convergence has to rely more on productivity growth in sectors that …This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although …
Persistent link: https://www.econbiz.de/10008869296
wage convergence, defined this way, has no theoretical underpinnings. According to the experience of less developed EU … members that joined the union in the 1970s and 1980s, the so called cohesion countries, even after accession, wage convergence … competitiveness of Hungarian products. The article draws up possible convergence scenarios for the Hungarian wages. It turns out that …
Persistent link: https://www.econbiz.de/10011110057
This paper used Monte Carlo simulations to analyze the small sample properties of cross-sectionally augmented panel unit root test (CIPS test). We considered situations involving two types of time-series heteroskedasticity (unconditional and ARCH) in the unobserved common factor and...
Persistent link: https://www.econbiz.de/10008599128
Most studies that use classical unit-root tests in OECD countries support the unemployment hysteresis hypothesis. However, similar classical tests performed on US data yield mixed results, uncovering specification issues. This study uses a number of panel unit root tests, which are known to...
Persistent link: https://www.econbiz.de/10005786989
This paper proposes a new testing approach for panel unit roots that is, unlike previously suggested tests, robust to nonstationarity in the volatility process of the innovations of the time series in the panel. Nonstationarity volatility arises for instance when there are structural breaks in...
Persistent link: https://www.econbiz.de/10005787059
This paper investigates the presence of stochastic and dynamic convergence of the 14 regional economies in the … convergence, which indicates convergence of regions in the long-run, is tested using Levin, Lin & Chu (LLC) and Im, Pesaran & Shin … (IPS) panel unit root tests. The presence of convergence, on one hand, indicates that the economically laggard regions are …
Persistent link: https://www.econbiz.de/10008636496