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The role of human capital after the crisis in Italy: A regional analysis

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  • Odoardi, Iacopo
  • Muratore, Fabrizio

Abstract

In the years of the prolonged post-crisis recession, the well-known North-South divide in Italy has significantly worsened. Several structural weaknesses limit both post-crisis recovery and socioeconomic convergence. A greater understanding of the economic contribution of workers' human capital, which is not fully exploited in Italy, could address the two issues. We analyze the effects of human capital on local economic performance and productivity, along with other socioeconomic variables, controlling for the endogeneity problem. Workers with a better education can promote economic recovery through productivity enhancement in the South, while traditional aspects related to industrialization are significant in the “wealthy North”. However, structural aspects, such as the local financial systems, must be developed to start a path to convergence for the North and the South.

Suggested Citation

  • Odoardi, Iacopo & Muratore, Fabrizio, 2019. "The role of human capital after the crisis in Italy: A regional analysis," Socio-Economic Planning Sciences, Elsevier, vol. 66(C), pages 58-67.
    • Handle: RePEc:eee:soceps:v:66:y:2019:i:c:p:58-67
    DOI: 10.1016/j.seps.2018.07.002
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    References listed on IDEAS

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    Cited by:

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    2. Rosa Ferrentino & Luca Vota, 2024. "A statistical-mathematical procedure to estimate the output effect of wage rigidities," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(4), pages 4003-4028, August.
    3. Ferrentino, Rosa & Vota, Luca, 2024. "The development planning of the Italian Mezzogiorno: A statistical-mathematical analysis by a Real Business Cycle model," Socio-Economic Planning Sciences, Elsevier, vol. 96(C).
    4. Ulpiana Kocollari & Fabio Demaria & Maddalena Cavicchioli, 2025. "Time after time: exploring the role of CSR on employees’ long-lasting working relationships in Italy," Small Business Economics, Springer, vol. 65(2), pages 995-1021, August.
    5. Iacopo Odoardi & Carmen Pagliari, 2020. "Household Wealth as a Factor of Economic Growth: A Case Study of Italy," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(3), September.
    6. Iacopo Odoardi & Donatella Furia & Piera Cascioli, 2021. "Can social support compensate for missing family support? An examination of dropout rates in Italy," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(1), pages 121-139, February.
    7. Xianrui Yu & Xunzhuo Xi & Qiuhong Zhao & Lin Liu & Guoliang Yang, 2025. "Role of Educational Level in Innovation Performance: An Exploration Study of Higher Education Graduates in China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(5), pages 16058-16077, November.

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    Keywords

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    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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