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In this paper we estimate the long-run relationship between regional total factor productivity, R&D, human capital and public infrastructure between 1980 and 2001. We take advantage of recent developments panel cointegration techniques that control for endogeneity of regressors to estimate...
Persistent link: https://www.econbiz.de/10014055457
We study the structural change between 2001 and 2018 in the Centre-North and the South of Italy, focusing on productivity dynamics and microeconomic determinants. We document three main results. First, the deindustrialization process in the South started after the financial crisis and was more...
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