Cornwell, Christopher Mark; Wächter, Jens-Uwe - 1999
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined … whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The … method is applied to 1-digit industries of 14 OECD countries from 1970 - 90. Results suggests that comovements in efficiency …