International sectoral spillovers: an empirical analysis for German and U.S. industries
Article Abstract:
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
Subject: Economics
ISSN: 0164-0704
Year: 1999
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Equity prices, productivity growth and 'The New Economy'
Article Abstract:
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 2006
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