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
Englisch

Bibliographic citation
Series: Quaderni di Dipartimento - EPMQ ; No. 204

Classification
Wirtschaft
Price Level; Inflation; Deflation
Macroeconomic Aspects of International Trade and Finance: Other
Subject
purchasing power parity
long-run inflation
Balassa-Samuelson model
Kaldor-Verdoorn model

Event
Geistige Schöpfung
(who)
Vaona, Andrea
Event
Veröffentlichung
(who)
Università degli Studi di Pavia, Dipartimento di Economia Politica e Metodi Quantitativi (EPMQ)
(where)
Pavia
(when)
2007

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
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

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