increasing globalisation. In this paper we extend this type of analysis and integrate the effects on productivity growth …, theoretically and empirically. Productivity growth is introduced into the theoretical model making use of the Verdoorn effect or of … productivity growth. Further on, a costpush or Marx/Hicks-effect and hence a positive impact of real wage growth or the wage share …

productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …

In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … had a significant effect on German sectoral productivity growth in the sixties and seventies. Some part of the catching …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …