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This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests. Our empirical analysis counts with three distinctive features. First, it allows the coefficients in the panel specification to vary across countries. Second, it accounts for the...
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This paper investigates the process of GDP generation in former Soviet Union (FSU) economies to provide an understanding of the impact of technology channels on countries' efficiency. We apply a stochastic frontier approach to 15 FSU economies over the period 1995–2008 and find that FDI and...
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