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Statistical Evidence on Regional Cohesion in Italy

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  • Marcello D'Amato

    ()
    (University of Salerno)

  • Barbara Pistoresi

    (University of Bologna and University of Modena)

Abstract

In this paper we study regional dynamics of output in Italy on a sample period spanning from 1970 to 1992 by using a dynamic principal components analysis and a coherence analysis. We find the presence of a basic common economic structure but also the presence of sharp heterogeneity both at low and high frequencies of the growth cycles. Geographical proximity plays a major role in shaping dynamic patterns of regional output in Italy. However, we do not find a clear-cut dualistic divide across Italian regions, particularly at low frequencies.

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Bibliographic Info

Article provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.

Volume (Year): 56 (1997)
Issue (Month): 3-4 (December)
Pages: 211-234

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Handle: RePEc:gde:journl:gde_v56_n1-2_p211-234

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Related research

Keywords: dynamic principal components method; coherence and correlation analysis; long- and shor-run growth cycles; comovements;

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Cited by:
  1. Patrizia Margani & Roberto Ricciuti, 2001. "Further Evidence on Convergence across Italian Regions," ERSA conference papers ersa01p104, European Regional Science Association.
  2. De Siano, Rita & D'Uva, Marcella, 2009. "Regional convergence in Italy: time series approaches," MPRA Paper 20397, University Library of Munich, Germany.

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