Convergence des productivités européennes: Transition, rupture et racine unitaire

Stéphane Adjemian

Annals of Economics and Statistics, 2003, issue 69, 31-53

Abstract: This 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.

Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.jstor.org/stable/20076362 (text/html)

Related works:
Working Paper: Convergence des Productivités Européennes Transition, Rupture et Racine Unitaire (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:2003:i:69:p:31-53

Access Statistics for this article

Annals of Economics and Statistics is currently edited by Laurent Linnemer

More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General () and Laurent Linnemer ().