How to offset the negative trend growth rate in the Italian economy?
AbstractThe trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time series methods. Our results imply that policies to double trade openness are necessary.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26421.
Date of creation: 03 Nov 2010
Date of revision:
Economic Growth; Trade Openness; Italy;
Other versions of this item:
- Rao, B. Bhaskara & Antonio, Paradiso, 2010. "How to offset the negative trend growth rate in the Italian economy?," MPRA Paper 26557, University Library of Munich, Germany.
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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- B. Bhaskara Rao, 2010.
"Time-series econometrics of growth-models: a guide for applied economists,"
Taylor & Francis Journals, vol. 42(1), pages 73-86.
- Rao, B. Bhaskara, 2006. "Time Series Econometrics of Growth Models: A Guide for Applied Economists," MPRA Paper 1547, University Library of Munich, Germany.
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