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Regional inequalities in Italy in the long run (1891-2001): the pattern and some ideas to explain it

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  • Emanuele Felice

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Abstract

The article in the first instance aims to present the pattern of regional inequality in Italy over the long run, through benchmark years, for what regards per capita value added, but also human capital (education) and social capital. Secondly, the Italian case is discussed in view of the neoclassical approach, which incorporates human and social capital as conditioning variables in a long term production function, through both cross-section and dynamic panel regressions. The results are compared with those from descriptive statistics, concluding that the neoclassical modelling can hardly add something more to a mere correlation evidence. As a consequence, this paper explores the viability of alternative approaches, which should properly consider historical changes in technology, in institutions and in the production function, and briefly reviews the research to come in order to implement a dynamic model

Suggested Citation

  • 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.
  • Handle: RePEc:usi:wpaper:597
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    File URL: http://repec.deps.unisi.it/quaderni/597.pdf
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    References listed on IDEAS

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    1. 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.
    2. Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," American Economic Review, American Economic Association, vol. 94(4), pages 813-835, September.
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    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • N93 - Economic History - - Regional and Urban History - - - Europe: Pre-1913
    • N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
    • 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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    1. Historical Economic Geography

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