Convergence in Structure and Productivity in European Manufacturing? Tables

Klaus Gugler, Michael Pfaffermayr

Publication: Scientific journalJournal articlepeer-review


We find fast convergence in productivity for 99 3-digit European industries over the 1985-1998 period. Half of any productivity gap is closed
on average in about 10-15 years. We explicitly formulate the steady state
assumptions for structural convergence to hold. Convergence in industrial structure is much slower than productivity catch up with a half-life of around fifty years, a stylized fact which cannot easily be explained by the existing models of trade and growth.
Original languageEnglish
Pages (from-to)61 - 79
JournalGerman Economic Review
Issue number1
Publication statusPublished - 1 Aug 2003

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 502013 Industrial economics

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