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A new approach for β-convergence estimation in Italy

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Author Info
De Siano, Rita
D'Uva, Marcella

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Abstract

In this paper we test the presence of β-convergence among Italian regions, in the period 1980-2003, in presence of a trend break in the series following a new approach (Vogelsang and Tomljanovich, 2002). The break year is considered either known (1992) and endogenously estimated from the data. When we consider a known trend break date model the results evidence the presence of a convergence process for most of the Italian regions in the considered period. The outcome relative to the unknown break date model, on the contrary, strongly depend on the econometric model used to estimate the β-convergence.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5643.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:5643

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Related research
Keywords: β-convergence regional convergence

Find related papers by JEL classification:
C5 - Mathematical and Quantitative Methods - - Econometric Modeling
R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes

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  1. Francesca Lotti & Enrico Santarelli & Marco Vivarelli, 2003. "Does Gibrat's Law hold among young, small firms?," Journal of Evolutionary Economics, Springer, vol. 13(3), pages 213-235, August. [Downloadable!] (restricted)
  2. Geroski, Paul A, 1999. "The Growth of Firms in Theory and in Practice," CEPR Discussion Papers 2092, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  3. Nicholas Bloom & John Van Reenen, 2002. "Patents, Real Options and Firm Performance," Economic Journal, Royal Economic Society, vol. 112(478), pages C97-C116, March. [Downloadable!] (restricted)
  4. Pascal Belan & Philippe Michel & Bertrand Wigniolle, 2007. "Capital Accumulation, Welfare, and the Emergence of Pension-Fund Activism," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 63(1), pages 54-82, March. [Downloadable!] (restricted)
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  5. David Roodman, 2003. "XTABOND2: Stata module to extend xtabond dynamic panel data estimator," Statistical Software Components S435901, Boston College Department of Economics, revised 14 May 2008. [Downloadable!]
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