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Regional convergence in Italy: time series approaches

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  • De Siano, Rita
  • D'Uva, Marcella

Abstract

This paper investigates the evolution of the gap between Italian regions and Italy as a whole during the period 1980-2007. We tested for the presence of the stochastic and β-convergence hypotheses using different time series approaches. The former was studied, first, for all the sample period and then, with an exogenous instantaneous break in the series. The presence of β-convergence, instead, was estimated considering a known and an unknown trend break date model. Our results show that most of the regions does not converge in an “actual” way, since they do not present a stochastic and β convergence simultaneously.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 20397.

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Date of creation: 18 Nov 2009
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Handle: RePEc:pra:mprapa:20397

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Keywords: β-convergence; stochastic convergence; time series approach; regional convergence;

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Cited by:
  1. Baafi Antwi, Joseph, 2010. "Ghana's Economic Growth in perspective: A time series approach to Convergence and Growth Determinants," MPRA Paper 23455, University Library of Munich, Germany, revised 12 Jun 2010.

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