This study mainly examines the role of macroeconomic policy variables associated with Maastricht Convergence Criteria (MC), using various approaches to analyze comparatively differences in growth and convergence in income, productivity, and unemployment between a developed, economically...

Identifying leading industries in developing countries in the long run is essential to formulate economic policy. This paper presents a simple way to identify these leading industries using a new decomposition technique modifying the traditional decomposition method, which uses the...