Gugler, Klaus, Pfaffermayr, Michael. 2003. Convergence in Structure and Productivity in European Manufacturing? Tables. German Economic Review 5 (1): 61-79.
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Abstract
We find fast convergence in productivity for 99 3-digit European industries over the 1985-1998 period. Half of any productivity gap is closed on average in about 10-15 years. We explicitly formulate the steady state assumptions for structural convergence to hold. Convergence in industrial structure is much slower than productivity catch up with a half-life of around fifty years, a stylized fact which cannot easily be explained by the existing models of trade and growth.
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Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | German Economic Review |
Citation Index | SSCI |
WU Journalrating 2009 | A |
WU-Journal-Rating new | FIN-A, STRAT-B, WH-B |
Language | English |
Title | Convergence in Structure and Productivity in European Manufacturing? Tables |
Volume | 5 |
Number | 1 |
Year | 2003 |
Page from | 61 |
Page to | 79 |
Associations
- People
- Gugler, Klaus (Details)
- External
- Pfaffermayr, Michael (WIFO, Austria)
- Organization
- Research Institute for Regulatory Economics FI (Details)
- Institute for Quantitative Economics IN (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5370 Industrial economics (Details)