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THE CONVERGENCE IN PRODUCT‐LEVEL RELATIVE PRODUCTIVITY ACROSS PROVINCES
Author(s) -
Martín Víctor,
Mido Asier
Publication year - 2019
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/boer.12172
Subject(s) - productivity , convergence (economics) , product (mathematics) , economics , gross domestic product , per capita , econometrics , per capita income , total factor productivity , mathematics , macroeconomics , demography , population , geometry , sociology
This paper uses highly disaggregated data to analyze the convergence process in product‐level relative productivity across Spanish provinces. Over the period 1988‐2013 there is a 53 per cent reduction in product‐level relative productivity differences across provinces. The speed of convergence in product‐level productivity is faster than in income per capita. Provinces that are geographically close, have strong ties and share similar factor endowments become more similar in product‐level relative productivities.