Showing 1 - 10 of 19
This paper investigates the role played by public capital in increasing the productivity levels in Italy. For the construction of the regional series for the public capital over the period 1996-2002, the study benefits from the use of the rich dataset on public expenditure, recently published by...
Persistent link: https://www.econbiz.de/10005037587
The picture on disparities in productivity growth and in unemployment across European regions reveals the existence of a slow and not very systematic convergence of labor productivity toward a common level, and of an even more uncertain convergence of unemployment rates. This paper uses a...
Persistent link: https://www.econbiz.de/10005037590
In this paper we study two closely related issues. First, the role of technology heterogeneity and diffusion in the convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial pattern of the observed regional heterogeneity in...
Persistent link: https://www.econbiz.de/10005687210
Our aim is to address the problem of measuring how much of the convergence observed across European regions is due to convergence in technology versus convergence in capital-labour ratios. To this aim, we first develop a growth model where technology accumulation in lagging regions depends on...
Persistent link: https://www.econbiz.de/10005687247
Regional differentials in per capita income and labour productivity in Italy is one of the most notable cases of regional inequality and have attracted attention from economists from all over the world since the 1950s. In this paper we first aim at yielding a comprehensive description of the...
Persistent link: https://www.econbiz.de/10005687253
The recent theoretical and empirical works on economic growth based on Solow’s model have generally neglected the role played by the sectoral mix and structural change on aggregate growth. However, as many development economists have remarked, sectors are characterized by enormous differences...
Persistent link: https://www.econbiz.de/10005687266
This paper aims at assessing whether dualistic mechanisms represent a significant component of the aggregate labour productivity convergence observed across the European regions in the 1980s. The potential of an explanation of convergence based – in part, at least – on the existence of...
Persistent link: https://www.econbiz.de/10005687268
Persistent link: https://www.econbiz.de/10007684160
Since Putnam s work on social capital, the Italian regional case has been a very rich source of both data and theories about the origins of large and persistent differences in local stocks of social capital, and about the impact of such differences on economic performances. The Italian case is...
Persistent link: https://www.econbiz.de/10009001076
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of Italian regions between 1963 and 1993 and find strong evidence that both mechanisms were at...
Persistent link: https://www.econbiz.de/10005049466