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Long-Run Trends in Internal Migrations in Italy: a Study in Panel Cointegration with Dependent Units

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  • Stefano Fachin

    (University of Rome 'La Sapienza')

Abstract

The objective of this paper is to examine the long-run determinants of internal migrations from South Italy, and, in order to accomplish this task, to develop a bootstrap test for panel cointegration analysis with dependent units. Monte Carlo simulations show that the test, based on the Continuous- Path Block bootstrap, has good power and size properties and is robust to both short- and long-run dependence across units. The empirical analysis points to income in the sending region as a key factor of the decline of migrations, with unemployment and income differentials playing only a minor role.

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File URL: http://128.118.178.162/eps/em/papers/0507/0507002.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Econometrics with number 0507002.

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Length: 49 pages
Date of creation: 08 Jul 2005
Date of revision:
Handle: RePEc:wpa:wuwpem:0507002

Note: Type of Document - pdf; pages: 49. 49 pages, PDF
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Web page: http://128.118.178.162

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Keywords: Migrations; Panel Cointegration; Continuous-Path Block Bootstrap; Italy.;

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