De Siano, Rita and D'Uva, Marcella (2009): Regional convergence in Italy: time series approaches.
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This paper investigates the evolution of the gap between Italian regions and Italy as a whole during the period 1980-2007. We tested for the presence of the stochastic and β-convergence hypotheses using different time series approaches. The former was studied, first, for all the sample period and then, with an exogenous instantaneous break in the series. The presence of β-convergence, instead, was estimated considering a known and an unknown trend break date model. Our results show that most of the regions does not converge in an “actual” way, since they do not present a stochastic and β convergence simultaneously.
|Item Type:||MPRA Paper|
|Original Title:||Regional convergence in Italy: time series approaches|
|Keywords:||β-convergence; stochastic convergence; time series approach; regional convergence|
|Subjects:||C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R15 - Econometric and Input-Output Models; Other Models
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
|Depositing User:||Rita De Siano|
|Date Deposited:||04. Feb 2010 07:37|
|Last Modified:||12. Feb 2013 10:13|
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