Christopoulos, Dimitris K.; Tsionas, Efthymios G. - In: Empirical Economics 30 (2005) 1, pp. 137-150
In this paper we investigate the productivity growth – inflation nexus in fifteen European countries over the period 1961–1999 using panel unit root and panel cointegration tests. Emphasis is placed on the distinction between long-run and short-run causality using recently developed tests...