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The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 … and low productivity, respectively 'core' and 'periphery'. Our results show significant sígma-convergence in aggregate … labour productivity, market and non-market services in the first years and a slightly divergence in the second period. Sigma …
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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 …
Persistent link: https://www.econbiz.de/10011555673
The aim of the paper is to test the Benhabib and Spiegel (2005) productivity (TFP) catch-up framework on European …
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. These notions refer to the fact that sometimes a certain action by an economic agent results indirectly in productivity …
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