@techreport{Cornwell1999Comovement,
abstract = {A method for analyzing productivity convergence based on frontier production functions is proposed.
It is examined whether departures from the frontier|country{level ineciencies|exhibit
long{run relationships and convergence. The method is applied to 1-digit industries of 14 OECD
countries from 1970{90. Results suggests that comovements in eciency are concentrated between
the EU{countries. Catch{up is found in all but one sector. Even manufacturing, which previous
studies have found not to display convergence, shows signs of catch-up.
It is examined whether departures from the frontier|country{level ineciencies|exhibit
long{run relationships and convergence. The method is applied to 1-digit industries of 14 OECD
countries from 1970{90. Results suggests that comovements in eciency are concentrated between
the EU{countries. Catch{up is found in all but one sector. Even manufacturing, which previous
studies have found not to display convergence, shows signs of catch{up.},
address = {Bonn},
author = {Christopher Mark Cornwell and Jens-Uwe W\"{a}chter},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C2; O47; O57; 330; cointegration; convergence; economic growth; efficiency; productivity; technological diffusion; unit root},
language = {ger},
number = {B 07-1999},
publisher = {ZEI},
title = {Comovement and catch-up in productivity across sectors: Evidence from the OECD},
type = {ZEI working paper},
url = {http://hdl.handle.net/10419/39614},
year = {1999}
}
