L'approccio Kaldor-Verdoorn: una verifica empirica per il Centro-Nord e il Mezzogiorno d'Italia (anni 1951-2006)
AbstractThis study empirically investigates the Kaldor-Verdoorn Law for the Agriculture, Constructions, Industry (narrowly-defined) and Marketable Services sectors of the Centre-North and Southern parts of Italy. Differently from previous studies about the Italian economy, this paper considers the Agriculture and Constructions sectors, both for the Centre-North and the South of Italy. Moreover, the Law is tested using data over a very long time-period (1951- 2006), also including recent years. The results confirm the explanatory power of the Law, in particular for the Industry of both areas.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): (2009)
Issue (Month): 1 (January-March)
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Kaldor-Verdoorn law; labour productivity; increasing returns to scale; Italian economy;
Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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