Convergence and regional productivity differences: Evidence from Greek prefectures
We study the effect of technology gaps and capital deepening on the productivity growth of Greek prefectures over the period 1971-1995. The empirical results show that Greek prefectures tended to converge over time, contrary to conventional wisdom. It is found that capital deepening plays a significant role in explaining productivity differences at the regional level. The empirical results are discussed in detail. Copyright Springer-Verlag 2004
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Volume (Year): 38 (2004)
Issue (Month): 3 (09)
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