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Is regional growth in Italy endogenous?
[journal article]
Abstract
Following LEÓN-LEDESMA and THIRLWALL (2002a) and relying on the HANSEN (1997) TAR approach, this paper investigates the extent to which the natural rate of growth of the Italian regions is endogenous, in the sense that it is affected by actual growth. Using annual data over the period 1977-2003, we ... view more
Following LEÓN-LEDESMA and THIRLWALL (2002a) and relying on the HANSEN (1997) TAR approach, this paper investigates the extent to which the natural rate of growth of the Italian regions is endogenous, in the sense that it is affected by actual growth. Using annual data over the period 1977-2003, we find mixed support for the endogeneity hypothesis. Furthermore, in line with recent findings in the literature, our analysis provides evidence of asymmetries in Okun’s Law when growth is endogenous.... view less
Classification
Economics
Area Development Planning, Regional Research
Document language
English
Publication Year
2009
Page/Pages
p. 1001-1013
Journal
Regional Studies, 43 (2009) 8
DOI
https://doi.org/10.1080/00343400802093847
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)