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  1. Comovement and catch-up in productivity across sectors
    evidence from the OECD
    Author: Cornwell, Christopher Mark; Wächter, Jens-Uwe
    Published: 1999
    Publisher:  ZEI, Bonn

    A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 104 (1999,7)
    Inter-library loan:
    No inter-library loan

     

    A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is applied to 1-digit industries of 14 OECD countries from 1970 - 90. Results suggests that comovements in efficiency are concentrated between the EU-countries. Catch-up is found in all but one sector. Even manufacturing, which previous studies have found not to display convergence, shows signs of catch-up.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/39614
    Series: Array ; 07-1999
    Subjects: cointegration; convergence; economic growth; efficiency; productivity; technological diffusion; unit root
    Scope: Online-Ressource (37 S.)
    Notes:

    Parallel als Druckausg. erschienen