D'Amato, Marcello; Pistoresi, Barbara - In: Giornale degli Economisti 56 (1997) 3-4, pp. 211-234
In this paper we study regional dynamics of output in Italy on a sample period spanning from 1970 to 1992 by using a dynamic principal components analysis and a coherence analysis. We find the presence of a basic common economic structure but also the presence of sharp heterogeneity both at low...