Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)

 The empirical tests of the convergence hypothesis conducted in the is pater 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 in confirmed by means of cros...

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Main Author: M. CARUSO
Format: Article
Language:Italian
Published: Associazione Economia civile 2013-10-01
Series:Moneta e Credito
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/10851
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author M. CARUSO
author_facet M. CARUSO
author_sort M. CARUSO
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description  The empirical tests of the convergence hypothesis conducted in the is pater 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 in 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 average. Regarding the industrial activities, the prevalence of a transitory component on output dynamics coexists with regional convergence in most cases, however, some manufacturing sectors evidence important permanent impulses and convergence does not hold.   JEL: O47, O52
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spelling doaj.art-d7dc2147580f44dba5cdbf2a371c39f62023-02-03T16:35:59ZitaAssociazione Economia civileMoneta e Credito2037-36512013-10-015220510.13133/2037-3651/10851Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)M. CARUSO The empirical tests of the convergence hypothesis conducted in the is pater 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 in 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 average. Regarding the industrial activities, the prevalence of a transitory component on output dynamics coexists with regional convergence in most cases, however, some manufacturing sectors evidence important permanent impulses and convergence does not hold.   JEL: O47, O52 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/10851Italian regional convergencegrowth ratesproductivityoutput dynamics
spellingShingle M. CARUSO
Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
Moneta e Credito
Italian regional convergence
growth rates
productivity
output dynamics
title Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
title_full Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
title_fullStr Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
title_full_unstemmed Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
title_short Dinamica del prodotto, eterogeneità e integrazione regionale: crescita e recupero nei settori dell'economia italiana,1981-1994 (Output dynamics, heterogeneity and regional integration: growth and catching-up across the Italian economic sectors, 1981-1994)
title_sort dinamica del prodotto eterogeneita e integrazione regionale crescita e recupero nei settori dell economia italiana 1981 1994 output dynamics heterogeneity and regional integration growth and catching up across the italian economic sectors 1981 1994
topic Italian regional convergence
growth rates
productivity
output dynamics
url https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/10851
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