Rao, B. Bhaskara and Antonio, Paradiso (2010): How to offset the negative trend growth rate in the Italian economy?
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The trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time series methods. Our results imply that policies to double trade openness are necessary.
|Item Type:||MPRA Paper|
|Original Title:||How to offset the negative trend growth rate in the Italian economy?|
|Keywords:||Economic Growth, Trade Openness, Italy|
|Subjects:||O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe
|Depositing User:||B. Bhaskara Rao|
|Date Deposited:||07. Nov 2010 05:55|
|Last Modified:||15. Feb 2013 06:01|
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