Chowdhury, Khorshed - In: Journal of the Asia Pacific economy 17 (2012) 1, pp. 52-73
This paper empirically tests the Balassa-Samuelson (B-S) productivity bias hypothesis in seven South Asian countries. We use auto regressive distributed lag (ARDL) modelling to develop a dynamic structure of the B-S hypothesis. Using annual data from Penn World Table Version 7.0 and the...