Abstract
This study examines Total Factor Productivity (hereinafter TFP) convergence in the Western Balkan countries (Republic of Slovenia-SL, Republic of Croatia-CR, Republic of Serbia-SR, and the Republic of Srpska-RS). Our analysis will cover the time period 2000- 2018. Our goal here is threefold. First, we will estimate the TFP for selected countries, and to do so, we will apply the growth accounting. Second, we will use the development accounting to test for the unconditional catching up. And third, we will test the country’s ability to learn or absorb new technology from the more advanced leader through the ``technology gap`` and ``technology spillovers``. In our survey, we will assume, apriori, that most developed country is Slovenia, followed by Croatia, Serbia, and the Republic of Srpska.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: ЗБОРНИК РАДОВА ЕКОНОМСКОГ ФАКУЛТЕТА У ИСТОЧНОМ САРАЈЕВУ
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
