IDEAS home Printed from https://ideas.repec.org/p/bdi/opques/qef_685_22.html
   My bibliography  Save this paper

Regional inequality in Italy in the face of economic crises, recovery, and the health emergency

Author

Listed:
  • Antonio Accetturo

    (Bank of Italy)

  • Giuseppe Albanese

    (Bank of Italy)

  • Rosario M. Ballatore

    (Bank of Italy)

  • Tiziano Ropele

    (Bank of Italy)

  • Paolo Sestito

    (Bank of Italy)

Abstract

The aim of this paper is to provide an updated overview of the economic divide between the South and the Centre-North of Italy from 2007 onwards. We show that the double-dip recession (2008-09 and 2012-13) has widened the gap between the two areas. The sharpest fall in GDP in the South was caused by a marked drop in investment and is associated with less favourable labour market trends. The production base of southern Italy - which has not undergone the same level of restructuring as the rest of the country - remains unfit to compete in a globalized world. The recent COVID-19 pandemic may have more long-lasting negative consequences in the South due to the fragility of its economy.

Suggested Citation

  • Antonio Accetturo & Giuseppe Albanese & Rosario M. Ballatore & Tiziano Ropele & Paolo Sestito, 2022. "Regional inequality in Italy in the face of economic crises, recovery, and the health emergency," Questioni di Economia e Finanza (Occasional Papers) 685, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_685_22
    as

    Download full text from publisher

    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2022-0685/QEF_685_22.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    regional inequality; Mezzogiorno;

    JEL classification:

    • 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)
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdi:opques:qef_685_22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bdigvit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.