{"title":"Measuring Productivity and Convergence Across Countries and Sectors","authors":"Mara E. Vidali","doi":"10.1111/boer.12492","DOIUrl":null,"url":null,"abstract":"<p>In an effort to understand the evolution of productivity growth across sectors and countries, this paper estimates total factor productivity (TFP) and TFP growth using a semiparametric method applied to 13 OECD countries, leveraging the EU KLEMS data at the industry level over the period 1995–2017. Although TFP growth is low for these countries, there are remarkably different growth experiences among countries and sectors mainly due to differences in agricultural and services sectors. I find that even within Europe, there are two “Europes.” Lastly, I test for <span></span><math>\n <semantics>\n <mi>β</mi>\n <annotation>$\\beta$</annotation>\n </semantics></math>- and <span></span><math>\n <semantics>\n <mi>σ</mi>\n <annotation>$\\sigma$</annotation>\n </semantics></math>-convergence across countries and sectors, and my results suggest that even if there are differences among countries and sectors, they succeed in some kind of convergence.</p>","PeriodicalId":46233,"journal":{"name":"Bulletin of Economic Research","volume":"77 3","pages":"368-384"},"PeriodicalIF":1.2000,"publicationDate":"2025-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/boer.12492","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Bulletin of Economic Research","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/boer.12492","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In an effort to understand the evolution of productivity growth across sectors and countries, this paper estimates total factor productivity (TFP) and TFP growth using a semiparametric method applied to 13 OECD countries, leveraging the EU KLEMS data at the industry level over the period 1995–2017. Although TFP growth is low for these countries, there are remarkably different growth experiences among countries and sectors mainly due to differences in agricultural and services sectors. I find that even within Europe, there are two “Europes.” Lastly, I test for - and -convergence across countries and sectors, and my results suggest that even if there are differences among countries and sectors, they succeed in some kind of convergence.
期刊介绍:
The Bulletin of Economic Research is an international journal publishing articles across the entire field of economics, econometrics and economic history. The Bulletin contains original theoretical, applied and empirical work which makes a substantial contribution to the subject and is of broad interest to economists. We welcome submissions in all fields and, with the Bulletin expanding in new areas, we particularly encourage submissions in the fields of experimental economics, financial econometrics and health economics. In addition to full-length articles the Bulletin publishes refereed shorter articles, notes and comments; authoritative survey articles in all areas of economics and special themed issues.