Galli, Rossana - In: International Review of Applied Economics 11 (1997) 3, pp. 333-368
This paper examines whether convergence is occurring at the industry level in 11 EU countries from 1960 to 1993. Both time series and non-parametric (σ-convergence) methods are applied. Using time series analysis we test whether there is within sector convergence towards a common steady state....