In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to control for sector-specific differences in human...

In the paper, the productivity growth of German sectors is analyzed. Sectoral production functions are estimated with annual national account data of 51 sectors from 1960-1990. Both, the pure Solow growth model and the Solow model augmented with human capital do not account for observed...

This paper analyses tax policy measures within a two sector endogenously growing economy with elastic labour supply. Pollution is modelled as a side product of physical capital stock used as a primary production factor in the final good sector. The framework allows to analyse consequences of...