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Is Regional Growth in Italy Endogenous?

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  • Matteo Lanzafame

Abstract

Lanzafame M. Is regional growth in Italy endogenous?, Regional Studies. This paper investigates the extent to which the natural rate of growth of the Italian regions is endogenous, in the sense that it is affected by actual growth. Using annual data for the period 1977-2003, mixed support is found for the endogeneity hypothesis. Furthermore, in line with recent findings in the literature, the analysis provides evidence of asymmetries in Okun's law when growth is endogenous. [image omitted] Lanzafame M. La croissance regionale en Italie, est-elle vraiment endogene?, Regional Studies. Cet article cherche a examiner dans quelle mesure le taux de croissance naturel des regions italiennes est endogene, en ce sens que elle est touchee par la croissance reelle. A partir des donnees annuelles pour la periode allant de 1977 jusqu'a 2003, on trouve du soutien mitige en faveur de l'hypothese endogene. Qui plus est, en accord avec des resultats recents dans la documentation, l'analyse fournit des preuves des asymetries dans la loi Okun quand la croissance est endogene. Croissance endogene Loi Okun Regions italiennes Lanzafame M. Ist das regionale Wachstum in Italien endogen?, Regional Studies. In diesem Beitrag wird untersucht, in welchem Ausmass die naturliche Wachstumsrate in den italienischen Regionen insofern endogen ausfallt, als dass sie vom tatsachlichen Wachstum beeinflusst wird. Anhand von Jahresdaten aus dem Zeitraum von 1977 bis 2003 stellen wir fest, dass fur die Hypothese der Endogenitat unterschiedliche Belege vorhanden sind. Daruber hinaus liefert unsere Analyse in Ubereinstimmung mit den jungsten Ergebnissen der Literatur Hinweise darauf, dass das Okunsche Gesetz bei einem endogenen Wachstum Asymmetrien aufweist. Endogenes Wachstum Okunsches Gesetz Italienische Regionen Lanzafame M. �Es endogeno el crecimiento regional en Italia?, Regional Studies. En este articulo investigamos en que medida la tasa natural de crecimiento en las regiones italianas es endogena en la medida en que este afectada por el crecimiento real. Con ayuda de datos anuales durante el periodo 1977-2003, observamos un apoyo mezclado para la hipotesis de endogeneidad. Ademas, de acuerdo con resultados recientes en la literatura, nuestro analisis ofrece ejemplos de asimetrias en la Ley de Okun cuando el crecimiento es endogeno. Crecimiento endogeno Ley de Okun Regiones italianas

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 43 (2009)
Issue (Month): 8 ()
Pages: 1001-1013

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Handle: RePEc:taf:regstd:v:43:y:2009:i:8:p:1001-1013

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Related research

Keywords: Endogenous growth; Okun's law; Italian regions;

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Cited by:
  1. Lanzafame, Matteo, 2013. "Crime and regional growth in Italy," MPRA Paper 44343, University Library of Munich, Germany.
  2. Lanzafame, Matteo, 2011. "The balance of payments constrained growth rate and the natural rate of growth: new empirical evidence," MPRA Paper 33130, University Library of Munich, Germany.

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