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Twin - Peaks in E.U. Regional Productivity Dynamics: a nonparametric analysis

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  • Georgios Fotopoulos

Abstract

Working within the 'distributional approach', this research offers evidence, based on empirical density estimates and modality tests, of past polarization in regional labour productivity in EU-15. Most importantly, it provides evidence on the related ergodic density which suggests that this polarization may persist in the future. This past and probably future polarization is primarily related to the service sector of the regional economies and not to manufacturing industries sector.

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Bibliographic Info

Paper provided by Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group in its series Papers on Entrepreneurship, Growth and Public Policy with number 2005-28.

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Length: 39 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:esi:egpdis:2005-28

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Keywords: regional labour productivity; EU; distributional analysis; nonparametric methods; stochastic processes;

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  23. Quah, Danny, 1993. "Galton's Fallacy and Tests of the Convergence Hypothesis," CEPR Discussion Papers 820, C.E.P.R. Discussion Papers.
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