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Negative externalities, productivity growth and the catching-up hypothesis

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  • Barıs Yoruk

Abstract

This article investigates the catching-up hypothesis for OECD countries. Unlike the previous studies, the results show that countries with low initial per capita income levels catch-up at a faster rate only when the presence of negative externalities is ignored in growth analysis.

Suggested Citation

  • Barıs Yoruk, 2007. "Negative externalities, productivity growth and the catching-up hypothesis," Applied Economics Letters, Taylor & Francis Journals, vol. 14(6), pages 429-434.
    • Handle: RePEc:taf:apeclt:v:14:y:2007:i:6:p:429-434
    DOI: 10.1080/13504850500438710
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    References listed on IDEAS

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    1. Yoruk, BarIs K. & Zaim, Osman, 2005. "Productivity growth in OECD countries: A comparison with Malmquist indices," Journal of Comparative Economics, Elsevier, vol. 33(2), pages 401-420, June.
    2. William L. Weber & Bruce Domazlicky, 2001. "Productivity Growth and Pollution in State Manufacturing," The Review of Economics and Statistics, MIT Press, vol. 83(1), pages 195-199, February.
    3. Rolf Färe & Shawna Grosskopf & Carl A Pasurka, Jr., 2001. "Accounting for Air Pollution Emissions in Measures of State Manufacturing Productivity Growth," Journal of Regional Science, Wiley Blackwell, vol. 41(3), pages 381-409, August.
    4. Taskin, Fatma & Zaim, Osman, 1997. "Catching-up and innovation in high- and low-income countries," Economics Letters, Elsevier, vol. 54(1), pages 93-100, January.
    5. Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2000. "Convergence in OECD countries: technical change, efficiency and productivity," Applied Economics, Taylor & Francis Journals, vol. 32(6), pages 757-765.
    6. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November.
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