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Total factor productivity convergence amongst Italian regions: some evidence from Panel Unit Root Tests

[journal article]

Fazio, Giorgio; Byrne, Joseph Paul; Piacentino, Davide

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Abstract In this paper, we employ panel unit root tests to investigate convergence in Total Factor Productivity amongst Italian regions. These tests provide us with inference valid in the presence of heterogeneity and cross-sectional dependence, and when the cross-sectional dimension is smaller than the time dimension, allowing us to investigate convergence among different subset of regions. Our results add a futher dimension to the conventional view on growth dynamics in the Italian peninsula depicting a lack of regional TFP convergence not only at the national level, but also at the level of geographical disaggregations where regions are conventionally thought to converge.
Classification Area Development Planning, Regional Research; Economics
Document language English
Publication Year 2009
Page/Pages p. 63-76
Journal Regional Studies, 43 (2009) 1
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)