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Competitiveness Gap among Regions during the Sovereign Debt Crisis: the Italian Mezzogiorno between Resistance and Surrender

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  • M. Aria
  • G.L. Gaeta
  • U. Marani

Abstract

By using data drawn from the Regional Competitiveness Index, this paper provides empirical analyses aimed at investigating the competitiveness of Italian regions over the time period 2010-2013 when Italy was seriously affected by the sovereign debt crisis. The competitiveness gap among Italian NUTS2 Southern regions, Northern ones and other European NUTS2 regions is evaluated at the beginning and at the end of this period. Statistical data processing shows that over the years under investigation the competitiveness of Italian Southern regions worsened with few exceptions. Furthermore, a general worsening of Italian competitiveness compared with other European regions is reported, especially when looking at some indicators among those examined.

Suggested Citation

  • M. Aria & G.L. Gaeta & U. Marani, 2015. "Competitiveness Gap among Regions during the Sovereign Debt Crisis: the Italian Mezzogiorno between Resistance and Surrender," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3-4, pages 399-426.
  • Handle: RePEc:mul:jqyfkm:doi:10.1432/82351:y:2015:i:3-4:p:399-426
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    References listed on IDEAS

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    1. S. Ercolano, 2012. "Italian Dualism in Foreign Scholars' Analyses," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3, pages 411-444.
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    6. Gert Peersman, 2011. "The Relative Importance of Symmetric and Asymmetric Shocks: The Case of United Kingdom and Euro Area," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(1), pages 104-118, February.
    7. Chang, Ha-Joon, 2011. "Reply to the comments on ‘Institutions and Economic Development: Theory, Policy and History’," Journal of Institutional Economics, Cambridge University Press, vol. 7(04), pages 595-613, December.
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