Carmeci, Gaetano; Mauro, Luciano - In: Journal of Regional Science 42 (2002) 3, pp. 509-532
We explore the links between the halt of the convergence process of Italian regions at the beginning of the 1970s and the increase in regional unemployment dispersion. We consider a neoclassical exogenous growth model with an imperfect labor market and show that during the transitional dynamics...