International sectoral spillovers: an empirical analysis for German and U.S. industries
A comparative analysis of productivity convergence in the US and Germany aimed at determining if catching up and convergence in productivity occurred is done using time-series and cross-sectoral data. Knowledge spillovers were taken into account. Using a production function framework,results of the analysis reveal that productivity catching-up had taken place. They showed that spillovers could be a source of endogenous growth for both productivity leaders and less-developed nations.
Publication Name: Journal of Macroeconomics
Equity prices, productivity growth and 'The New Economy'
Publication Name: Economic Journal
- Abstracts: Public choice and the allocation of public goods: an empirical analysis of local school expenditures. Empirical estimation and partitioning of X-inefficiency: a data-envelopment approach
- Abstracts: Public choice and the allocation of public goods: an empirical analysis of local school expenditures. part 2 An assessment of health-care expenditures within and across racial and ethnic groups
- Abstracts: International joint ventures: theoretical considerations. Managing the transition to mass higher education in Australia
- Abstracts: On the optimal structure of local governments. Politically connected firms. Is there a politically optimal level of judicial independence?
- Abstracts: Recent stock price relationships between Japanese and U.S. stock markets. Theories of capital structure: evidence from an emerging market