Economic Growth and Dualism in Italian Regions: A Spatiotemporal Model
AbstractThe topic of regional economics and business cycles has attracted increasing attention in recent years. However, an analysis of the dynamics and the features of economic growth in different areas is hampered by the fact that official Italian GDP statistics at the regional level are not updated and have only an annual frequency. For this reason, we considered a high frequency and easily updatable Indicator of Regional Economic Activity that provides information on different dimensions of local business cycles and thus can be useful to policy makers. We propose a spatiotemporal hierarchical model of regional economic growth that isolates different sources of variability
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Bibliographic InfoArticle provided by SIE - Societa' Italiana degli Economisti (I) in its journal Rivista Italiana degli Economisti.
Volume (Year): 17 (2012)
Issue (Month): 3 (December)
Find related papers by JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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