This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or nonneutralities...

The purpose of this paper is to analyze the potential of ICT in the Central and Eastern European (CEE) countries for faster convergence with the EU-15 income level. The paper investigates this question from both macro and industry perspectives. First, it argues that, between 1995 and 2001, ICT...