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Convergence and regional productivity differences: Evidence from Greek prefectures
Abstract. We study the effect of technology gaps and capital deepening on the productivity growth of Greek prefectures over the period 1971-1995. The empirical results show that Greek prefectures tended to converge over time, contrary to conventional wisdom. It is found that capital deepening plays a significant role in explaining productivity differences at the regional level. The empirical results are discussed in detail.
Convergence and regional productivity differences: Evidence from Greek prefectures
Abstract. We study the effect of technology gaps and capital deepening on the productivity growth of Greek prefectures over the period 1971-1995. The empirical results show that Greek prefectures tended to converge over time, contrary to conventional wisdom. It is found that capital deepening plays a significant role in explaining productivity differences at the regional level. The empirical results are discussed in detail.
Convergence and regional productivity differences: Evidence from Greek prefectures
Christopoulos, Dimitris K. (author) / Tsionas, Efthymios G. (author)
2004
Article (Journal)
English
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