translate English to French: This is dependent on some ﬁxed effects (both country and industry) and some general effects as measured by the set of variables X. The convergence effect is reﬂected by the productivity-gap term on the end of the right-hand side of the equation. β is the (positive) coefﬁcient of the conditional convergence coefﬁcient that reﬂects the extent to which international catch-up contributes to an industry’s productivity growth.
L’équation de base relative à la croissance de la productivité dans l’industrie i du pays c est la suivante : ( A * ( t – 1 ) – A ic ( t – 1 ) ) i ∆ A ic ( t ) ⁄ A ic ( t ) = α ic + γ X ic ( t ) + β -------------------------------------------------------- . A ic ( t – 1 ) La variable dépendante est la variation de la productivité dans l’industrie i du pays c à la période t.