Contiguità territoriale e shock sul consumo nelle regioni italiane

Arbeitspapier

The hypothesis of complete consumption risk-sharing suggests that only uninsurable national and international disturbances should affect the growth of the regional consumption. Therefore, the correlation among regional consumption growth rates should be high.This work analyzes the issue of regional consumption risk-sharing in Italy over the period 1971-93. The empirical evidence is mixed: consumption correlations are high but other formal tests suggest the relevance of idiosincratic effects. In conclusion, the overall degree of consumption risksharing appears to be less than perfect.

Object Details

• Language: Italienisch

References and Relationships

• Bibliographic citation: Series: Quaderni - Working Paper DSE ; No. 277

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Scorcu, Antonello Eugenio
• Event: Veröffentlichung
• (who): Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
• (where): Bologna
• (when): 1997

Further information

• DOI: doi:10.6092/unibo/amsacta/5034
• Handle: http://hdl.handle.net/10419/159120
• Last update: 10.03.2025, 11:43 AM CET