Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena

Garcia Duch, Miguel

Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena

This paper examines the three most common notions of convergence – beta, sigma, and times series approaches – applied to the Eurozone since its Maastricht´s design in 1992 until the start of the crisis in 2008. Due to the limitations of the income per capita approach, this paper focuses in general a...

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Detalles Bibliográficos
Autor:	Garcia Duch, Miguel
Tipo de recurso:	artículo
Fecha de publicación:	2017
País:	España
Institución:	Universidad de Huelva (UHU)
Repositorio:	Arias Montano. Repositorio Institucional de la Universidad de Huelva
Idioma:	inglés
OAI Identifier:	oai:ariasmontano.uhu.es:10272/14725
Acceso en línea:	http://hdl.handle.net/10272/14725
Access Level:	acceso abierto
Palabra clave:	Eurozone Convergence Productive Asymmetries Growth Theory Eurozona Convergencia Asimetrías productivas Teoría del crecimiento

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spelling	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomenaConvergencia en productividad durante el génesis de la eurozona (1992-2007): evidencia empírica de un fenómeno esperadoGarcia Duch, MiguelEurozoneConvergenceProductive AsymmetriesGrowth TheoryEurozonaConvergenciaAsimetrías productivasTeoría del crecimientoThis paper examines the three most common notions of convergence – beta, sigma, and times series approaches – applied to the Eurozone since its Maastricht´s design in 1992 until the start of the crisis in 2008. Due to the limitations of the income per capita approach, this paper focuses in general and sectorial productivity per hour convergence. Evidence of convergence is not found at a general level, while the sectorial picture is mixed. Some branches of services suggests convergence but industrial branches points to strong divergence. Within the neoclassical framework, convergence is an expected phenomena, but empirical evidence shows variability in its success. In fact, there is not a general process of productivity convergence among original members of the Eurozone. Hence, some key conclusions are presented in order to develop a more accurate theoretical backgroundUniversidad de Huelva20172017-01-0120172017-01-01journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10272/14725reponame:Arias Montano. Repositorio Institucional de la Universidad de Huelvainstname:Universidad de Huelva (UHU)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Atribución-NoComercial-SinDerivadas 3.0 Españahttp://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:ariasmontano.uhu.es:10272/147252026-06-02T14:58:11Z
dc.title.none.fl_str_mv	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena Convergencia en productividad durante el génesis de la eurozona (1992-2007): evidencia empírica de un fenómeno esperado
title	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
spellingShingle	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena Garcia Duch, Miguel Eurozone Convergence Productive Asymmetries Growth Theory Eurozona Convergencia Asimetrías productivas Teoría del crecimiento
title_short	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
title_full	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
title_fullStr	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
title_full_unstemmed	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
title_sort	Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena
dc.creator.none.fl_str_mv	Garcia Duch, Miguel
author	Garcia Duch, Miguel
author_facet	Garcia Duch, Miguel
author_role	author
dc.contributor.none.fl_str_mv
dc.subject.none.fl_str_mv	Eurozone Convergence Productive Asymmetries Growth Theory Eurozona Convergencia Asimetrías productivas Teoría del crecimiento
topic	Eurozone Convergence Productive Asymmetries Growth Theory Eurozona Convergencia Asimetrías productivas Teoría del crecimiento
description	This paper examines the three most common notions of convergence – beta, sigma, and times series approaches – applied to the Eurozone since its Maastricht´s design in 1992 until the start of the crisis in 2008. Due to the limitations of the income per capita approach, this paper focuses in general and sectorial productivity per hour convergence. Evidence of convergence is not found at a general level, while the sectorial picture is mixed. Some branches of services suggests convergence but industrial branches points to strong divergence. Within the neoclassical framework, convergence is an expected phenomena, but empirical evidence shows variability in its success. In fact, there is not a general process of productivity convergence among original members of the Eurozone. Hence, some key conclusions are presented in order to develop a more accurate theoretical background
publishDate	2017
dc.date.none.fl_str_mv	2017 2017-01-01 2017 2017-01-01
dc.type.none.fl_str_mv	journal article http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv	info:eu-repo/semantics/article
format	article
dc.identifier.none.fl_str_mv	http://hdl.handle.net/10272/14725
url	http://hdl.handle.net/10272/14725
dc.language.none.fl_str_mv	Inglés eng
language_invalid_str_mv	Inglés
language	eng
dc.rights.none.fl_str_mv	open access http://purl.org/coar/access_right/c_abf2 Atribución-NoComercial-SinDerivadas 3.0 España http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights.openaire.fl_str_mv	info:eu-repo/semantics/openAccess
rights_invalid_str_mv	open access http://purl.org/coar/access_right/c_abf2 Atribución-NoComercial-SinDerivadas 3.0 España http://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv	openAccess
dc.format.none.fl_str_mv	application/pdf
dc.publisher.none.fl_str_mv	Universidad de Huelva
publisher.none.fl_str_mv	Universidad de Huelva
dc.source.none.fl_str_mv	reponame:Arias Montano. Repositorio Institucional de la Universidad de Huelva instname:Universidad de Huelva (UHU)
instname_str	Universidad de Huelva (UHU)
reponame_str	Arias Montano. Repositorio Institucional de la Universidad de Huelva
collection	Arias Montano. Repositorio Institucional de la Universidad de Huelva
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score	15,812429

Productivity convergence during the eurozone genesis (1992- 2007): Empiric evidence of an expected phenomena

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