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Carree, Martin A.
Klomp, Luuk
Thurik, A. Roy
Year of Publication: 
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 99-065/3
The extent of beta- and sigma-convergence of average labor productivity across manufacturing industries in 18 OECD-countries over the period 1972-1992 show large inter-industry differences. One reason for these differences is knowledge and capital barriers preventing catch-up to occur. We find the level of averagelabor productivity, as a proxy for these barriers, to be correlated with the extent of convergence.
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Working Paper

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