Convergence des productivités européennes : Transition, rupture et racine unitaire
AbstractThis paper aims to resolve the conflict between the time series approach and the classical approach to test the convergence hypothesis. Using a multivariate KPSS statistic and allowing for one common break, it appears that European productivity dynamics may be split into two sub-periods. During the first, productivity gaps are reducing. During the second, productivity gaps are zero mean processes. Moreover, productivity discrepancies are shown to be stationary over the entire period.
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Bibliographic InfoArticle provided by ENSAE in its journal Annals of Economics and Statistics.
Volume (Year): (2003)
Issue (Month): 69 ()
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- Denis Carré & Nadine Levratto & Messaoud Zouikri, 2010. "Analyse comparée de la productivité des firmes européennes à partir de données comptables: L'effet pays en cause," EconomiX Working Papers 2010-11, University of Paris West - Nanterre la Défense, EconomiX.
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