Does Labour Productivity Flow Across Industries?: Estimation Robust to Panel Heterogeneity and Cross Sectional Correlation

| Publication date: 24 May 2005 | Theme: Trade, Investment & Productivity | External Author(s): Byrne, Joseph; Vecchi, M | JEL Classification: C23, O12, O30, O40 | NIESR Discussion Paper Number: 256

We consider labour productivity convergence between the US and the UK and France, using industry level data. We find evidence of panel heterogeneity, cross sectional correlation and weak evidence of productivity convergence at the industry level.

Keyword tags: 
labour productivity, convergence, panel estimation, panel heterogeneity, common correlated effects
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