Arbeitspapier
Neoclassical versus technological convergence: An empirical analysis applied to the Italian regions
This paper tests for the existence of neoclassical and/or technological catching up between the Italian regions in the last three decades. The tests are performed by means of a modified b-convergence equation and of a model based on the decomposition of output growth. The results imply that while the neoclassical convergence mechanism occurred, the technological one failed. The paper also provides a possible explanation for these results and analyses their policy implications, suggesting that a complete convergence between the Italian regions may be achieved only by promoting technological transfers and by increasing research expenditure in backward regions.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni di Dipartimento - EPMQ ; No. 172
- Klassifikation
-
Wirtschaft
One, Two, and Multisector Growth Models
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Economic Growth and Aggregate Productivity: Other
- Thema
-
convergence
catching up
TFP
Italian regions
Entwicklungskonvergenz
Regionale Entwicklung
Technischer Fortschritt
Produktivität
Italien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bianchi, Carluccio
Menegatti, Mario
- Ereignis
-
Veröffentlichung
- (wer)
-
Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
- (wo)
-
Pavia
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bianchi, Carluccio
- Menegatti, Mario
- Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
Entstanden
- 2005