Titlebook: Convergence in Output and Its Sources Among Industrialised Countries; A Cross-Country Time Macarena Hernández Salmerón,Diego Romero-Ávila B

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Ahmed K. Elmagarmid,Haitao Jiang,Magdy Ahmedf the analysis, which explicitly allow for cross-sectional dependence. Smith et al. (J Appl Econometrics 19:147–170, 2004) and Hadri (Econom J 3:148–161, 2000) control for general forms of cross-dependence through bootstrap methods, Breitung and Das (Statistica Neerlandica 59:414–433, 2005) control

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Convergence in Output and Its Sources Among Industrialised Countries978-3-319-13635-6Series ISSN 2191-5504 Series E-ISSN 2191-5512

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Commonwealth

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Econometric Methods,f the analysis, which explicitly allow for cross-sectional dependence. Smith et al. (J Appl Econometrics 19:147–170, 2004) and Hadri (Econom J 3:148–161, 2000) control for general forms of cross-dependence through bootstrap methods, Breitung and Das (Statistica Neerlandica 59:414–433, 2005) control

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Empirical Results,tal per worker, human capital per worker, total factor productivity and average annual hours worked) in 21 OECD countries over the period 1970–2011. Towards this end, we apply a large battery of panel unit root and stationarity tests, all robust to the presence of cross-sectional dependence. The ana

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