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  • 标题:Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana, 1981-1994
  • 本地全文:下载
  • 作者:Massimo Caruso
  • 期刊名称:Moneta e Credito
  • 印刷版ISSN:2037-3651
  • 出版年度:2012
  • 卷号:52
  • 期号:205
  • 出版社:Associazione Economia civile
  • 摘要:The empirical tests of the convergence hypothesis conducted in this paper evaluate the sector-specific differences in the speed of reduction of the productivity gaps across the Italian regions. Convergence of output per worker across industries and regions in 1981-94 is confirmed by means of cross-section results, by panel unit root tests which detect the presence of a mean reverting component in output growth rates for the entire economy and its industrial sector, and by significant catching-up between the most productive area, Lombardia, and the other Italian regions. However, for most of the service sectors it is not possible to reject the presence of a unit root in output and the higher persistence of their output dynamics is generally associated to a velocity of reduction of the initial productivity gaps slower than the aver-age. Regarding the industrial activities, the prevalence of a transitory com-ponent on output dynamics coexists with regional convergence in most cases; however, some manufacturing sectors evidence important permanent impulses and convergence does not hold. JEL Codes: C33, E32, R11 Keywords:
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