Title of article
Panel tests of stochastic convergence: TFP transmission within manufacturing industries
Author/Authors
Mark Funk، نويسنده , , Jack Strauss، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
7
From page
365
To page
371
Abstract
This paper examines the international transmission of industry-specific productivity shocks. We demonstrate the limitations of panel unit root tests of stochastic convergence, and propose an alternative method. The data reject stochastic convergence, displaying considerable heterogeneity in TFP movements within industries.
Keywords
Panel unit root , Stochastic convergence
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435129
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