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Long-Run Trends in Internal Migrations in Italy: a Study in Panel Cointegration with Dependent Units

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  • Stefano Fachin

    (University of Rome 'La Sapienza')

Abstract

The objective of this paper is to examine the long-run determinants of internal migrations from South Italy, and, in order to accomplish this task, to develop a bootstrap test for panel cointegration analysis with dependent units. Monte Carlo simulations show that the test, based on the Continuous- Path Block bootstrap, has good power and size properties and is robust to both short- and long-run dependence across units. The empirical analysis points to income in the sending region as a key factor of the decline of migrations, with unemployment and income differentials playing only a minor role.

Suggested Citation

  • Stefano Fachin, 2005. "Long-Run Trends in Internal Migrations in Italy: a Study in Panel Cointegration with Dependent Units," Econometrics 0507002, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpem:0507002
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    More about this item

    Keywords

    Migrations; Panel Cointegration; Continuous-Path Block Bootstrap; Italy.;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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