Arbeitspapier
A cross-sectional approach to regional long-run inflation in Italy
Considering a sample of about 70 Italian regions, this paper goes beyond the assumption that there exists a unique core inflationary process in a macroeconomy. We show that local long-run inflation rates can display remarkable variability. On the one hand they are negatively correlated with productivity growth, on the other the less competitive is the local retail sector and the higher is long-run inflation.
- Language
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Englisch
- Bibliographic citation
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Series: Quaderni di Dipartimento - EPMQ ; No. 204
- Classification
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Wirtschaft
Price Level; Inflation; Deflation
Macroeconomic Aspects of International Trade and Finance: Other
- Subject
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purchasing power parity
long-run inflation
Balassa-Samuelson model
Kaldor-Verdoorn model
- Event
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Geistige Schöpfung
- (who)
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Vaona, Andrea
- Event
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Veröffentlichung
- (who)
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Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
- (where)
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Pavia
- (when)
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2007
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Vaona, Andrea
- Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
Time of origin
- 2007