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. Endogeneity problem is solved by using panel cointegration estimation technique which made our study different from previous. The … and also conditional on infrastructure. Domestic investment should be taking into account that represents host country … effect of FDI towards domestic investment. So, domestic investment is better than all other investments in long run for …
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and the Generalized Method of Moments estimators to test, respectively, for Total Factor Productivity determinants and … labor productivity convergence driving forces (i.e.capital accumulation and technological catch-up) in different … cross-country heterogeneity of labor productivity convergence tendencies. My results show that technology growth rate is …
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construct quarterly utilisation-adjusted total factor productivity (TFP) for thirteen OECD countries. Based on country … response pattern of key macroeconomic variables in each country; and (ii) the identified technology news shock processes … display a significant degree of correlation across several countries. Contrary to conventional wisdom, we find that the US are …
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