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Technological catch-up or neoclassical convergence? Identifying the channels of convergence for Italian regions

  • Vincenzo Scoppa

We investigate whether Italian regions haveconverged in terms of output per worker because of physical capitalaccumulation, human capital accumulation or thanks to technological catch-up. Inorder to identify channels of convergence we adopt the methodology recentlyproposed by Wong (2007) and Feyrer (2007) which combine growth accounting withconvergence regressions. Merging two datasets of regional economic accounts(ISTAT and CRENoS) to obtain longer time series, we show that convergence hasbeen realized mainly thanks to technological catch-up and, to some extent, throughhuman capital accumulation. On the other hand, physical capital has been afactor of divergence.

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File URL: http://www.unioviedo.es/reunido/index.php/EBL/article/view/10020
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Article provided by Oviedo University Press in its journal Economics and Business Letters.

Volume (Year): 2 (2013)
Issue (Month): 4 ()
Pages: 169-181

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Handle: RePEc:ove:journl:aid:10020
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  1. Peter Klenow & Andrés Rodríguez-Clare, 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 73-114 National Bureau of Economic Research, Inc.
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  8. Vincenzo Scoppa, 2007. "Quality of Human and Physical Capital and Technological Gaps across Italian Regions," Regional Studies, Taylor & Francis Journals, vol. 41(5), pages 585-599.
  9. A. Di Liberto & F. Pigliaru & R. Mura, 2004. "How to measure the unobservable: a panel technique for the analysis of TFP convergence," Working Paper CRENoS 200405, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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  18. repec:cup:cbooks:9780521873161 is not listed on IDEAS
  19. Francesco Aiello & Vincenzo Scoppa, 2000. "Uneven Regional Development in Italy: Explaining Differences in Productivity Levels," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 59(2), pages 270-298, September.
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