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A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
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Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing … on domestic productivity. The domestic R&D capital stock plays an active role in Western Europe while in the Eastern part … transition countries seem to gain more in terms of productivity from the international diffusion process than their Western …
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robustness checks, including the estimators – a cointegration approach versus a simple fixed effects OLS estimator. …
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results are robust to a range of robustness checks, including the estimators - a cointegration approach versus a simple fixed …
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In this paper, we apply the asymptotic theory of panel cointegration developed by Kao and Chiang (1997) to Coe and … dynamic OLS (DOLS) estimations produce different predictions about the impact of foreign R&D on total factor productivity (TFP …
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