Modern economic theories explain differences in productivity and economic growth across countries by differences in … of these theories in explaining the gap in productivity between any two countries depends on the countries in the sample … developed and developing countries, but are too small to explain the productivity gaps between developed countries. We test this …

Modern economic theories explain differences in productivity and economic growth across countries by differences in … of these theories in explaining the gap in productivity between any two countries depends on the countries in the sample … developed and developing countries, but are too small to explain the productivity gaps between developed countries. We test this …

Modern economic theories explain differences in productivity and economic growth across countries by differences in … of these theories in explaining the gap in productivity between any two countries depends on the countries in the sample … developed and developing countries, but are too small to explain the productivity gaps between developed countries. We test this …

Modern economic theories explain differences in productivity and economic growth across countries by differences in … of these theories in explaining the gap in productivity between any two countries depends on the countries in the sample … developed and developing countries, but are too small to explain the productivity gaps between developed countries. We test this …

real exchange rate depreciation in the poor countries, in the long-term. The productivity-differential model (Balassa, 1964 …

This paper analyses the impact of productivity developments in the United States and the euro area on the euro …-dollar exchange rate. The paper presents a new measure of relative average labour productivity (ALP), which does not suffer from the … productivity proxies. Our results indicate that the extent to which productivity can explain the euro depreciation varies with the …