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productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …
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apply. Rich regions grew faster than poor ones. The convergence of labour productivity did not apply either. The divergence … of the K/L relation determined the divergence of labour productivity in the analyzed period. In the last part of the …
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We analyze unconditional within-country convergence from 1991 to 2009 in 21 European countries. Unlike most previous studies we focus on the heterogeneity of convergence. We find that convergence processes in currency unions are extremely heterogenous, highly discontinuous and strongly...
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The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity …
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The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity …
Persistent link: https://www.econbiz.de/10014149369