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This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...
Persistent link: https://www.econbiz.de/10010264965
framework is used in the convergence analysis to investigate the role of every single component in the process. The results in … term of ß-convergence are compared to other studies, to the evidence of s-convergence analysis and to the results obtained …
Persistent link: https://www.econbiz.de/10005087028
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...
Persistent link: https://www.econbiz.de/10004963835
convergence analysis, which allows comparing growth paces in countries under study. …
Persistent link: https://www.econbiz.de/10010627619
Countries around the world are increasingly concerned as to whether the adoption of broadband technology by their respective citizens is sufficient to support economic growth and social development. Unfortunately, such concerns are often expressed in terms of where a country ranks among its...
Persistent link: https://www.econbiz.de/10014204755
this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …
Persistent link: https://www.econbiz.de/10010301268
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined …
Persistent link: https://www.econbiz.de/10010301281
In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …
Persistent link: https://www.econbiz.de/10010332098
This paper examines conditional convergence of OECD countries in gross domestic product (GDP) and health care … economic growth and the speed of convergence. The speed of convergence is found to be sensitive to whether one imposes a … constant or estimate the depreciation and technological growth components. With no restrictions imposed the convergence rate is …
Persistent link: https://www.econbiz.de/10010281345
this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …
Persistent link: https://www.econbiz.de/10010466016