The aim of this paper is to test for the presence of dynamic increasing returns to scale in Spanish regional growth between 1962 and 1991. The theoretical framework within which this paper is based is the so-called Verdoorn's Law. Tests of the law are performed not only for the manufacturing...

Kräftige Konjunkturabkühlung 1990 und 1991. Leichte Erholung 1992. Allmähliche Lockerung der Wirtschaftspolitik. Kaum gebremster Preisanstieg. Steigende Arbeitslosigkeit. Hohes Defizit der Leistungsbilanz. Weiter lebhaftes Engagement ausländischer Investoren.

The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across countries. In particular, we assess the degree of persistence...