Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/128678 
Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
WIFO Working Papers No. 127
Verlag: 
Austrian Institute of Economic Research (WIFO), Vienna
Zusammenfassung: 
We find very fast convergence in productivity for the 99 3-digit European industries over the 1985-1998 period. According to our estimates half of any productivity gap is closed on average in 10 years. The speed of convergence is much higher than obtained previously in the literature. Convergence in industrial structure is, however, much slower than productivity catch up. Skill intensity fastens structural adjustment but seems to have no effect on convergence in productivity. The Heckscher-Ohlin model but also agglomeration effects and path-dependency may explain the puzzling result of rapid productivity convergence but slow or even non-existent convergence in structure.
Schlagwörter: 
Growth of industries
European integration
convergence
panel estimates
JEL: 
D90
L60
F15
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
56.49 kB





Publikationen in EconStor sind urheberrechtlich geschützt.