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Stock" di capitale umano e crescita nelle regioni italiane: un approccio "panel

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  • Adriana Di Liberto

Abstract

In this paper we study the connection between growth and human capital for the Italian regions in a convergence regression framework. We confirm the usual result on Italian regional convergence: using a sample 1963-94, we show that this process began to diminish or fail after about 1975. We include a measure of human capital in the convergence regression as a stock rather than a flow. We find this variable is significant if and only if we control for the size of the Public Sector. Moreover, we find educating women leads to faster growth. The Public Sector is itself strongly negative. We also find exhaustive evidence of two convergence clubs: the South and the North-Centre. Both areas seem to be converging to different levels of GDP per capita and the role of the human capital is different in the two "clubs". While in the North-Centre human capital is never positive and significant our empirical analysis shows large returns of human capital in the southern area of the country. Even if this results do not confirm the usual assumptions of most of the theoretical models on growth and education they are consistent with the microeconometric literature on private returns to schooling, where returns to education are higher the lower the level of education and in more disadvantaged areas.

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  • Adriana Di Liberto, 2001. "Stock" di capitale umano e crescita nelle regioni italiane: un approccio "panel," Politica economica, Società editrice il Mulino, issue 2, pages 159-184.
    • Handle: RePEc:mul:je8794:doi:10.1429/1573:y:2001:i:2:p:159-184
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    1. Adriana Di Liberto & Francesco Pigliaru & Roberto Mura, 2008. "How to measure the unobservable: a panel technique for the analysis of TFP convergence," Oxford Economic Papers, Oxford University Press, vol. 60(2), pages 343-368, April.
    2. S. Deidda & R. Paci & S. Usai, 2002. "Spatial Externalities and Local Economic Growth," Working Paper CRENoS 200206, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. DANIELE, Vittorio, 2009. "Development Policy, Public Spending and Regional Convergence in Italy (1996-2007)," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 9(2).
    4. Francesco Pigliaru & Luciano Mauro, 2011. "Social Capital, Institutions and Growth: Further Lessons from the Italian Regional Divide," ERSA conference papers ersa11p1866, European Regional Science Association.
    5. Daniele VITTORIO, 2009. "Public Spending And Regional Convergence In Italy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(2(8)_Summ).
    6. Stefano Usai & Raffaele Paci, 2003. "Externalities and Local Economic Growth in Manufacturing Industries," Advances in Spatial Science, in: Bernard Fingleton (ed.), European Regional Growth, chapter 10, pages 293-321, Springer.
    7. Emanuele Felice, 2010. "Regional inequalities in Italy in the long run (1891-2001): the pattern and some ideas to explain it," Department of Economics University of Siena 597, Department of Economics, University of Siena.

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