Skip to main content

Real convergence in Europe. How robust are econometric inferences?

Buy Article:

$53.17 plus tax (Refund Policy)

Abstract:

The paper examines the convergence properties of productivity in fifteen European countries over the period 1960-1997. European productivity is estimated using modified translog production systems with a completely general intertemporal structure. To capture the notion that trade may have an influence on aggregate convergence, imports are included in the production function. Stationarity tests are used to test for convergence around a common long-run trend, including unit root tests, the KPSS and Bayesian tests, as well as testing based on fractional differencing parameter estimation for long memory models. It is found that convergence inferences are sensitive to the type of test employed.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840050151548

Publication date: September 10, 2000

More about this publication?
routledg/raef/2000/00000032/00000011/art00011
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more