TY - JOUR
T1 - Total factor productivity convergence among Italian regions
T2 - some evidence from panel unit root tests
AU - Byrne, Joseph P.
AU - Fazio, Giorgio
AU - Piacentino, Davide
PY - 2009/4/23
Y1 - 2009/4/23
N2 - This paper employs panel unit root tests to investigate convergence in total factor productivity (TFP) among Italian regions. These tests provide an inference valid in the presence of heterogeneity and cross-sectional dependence, and when the cross-sectional dimension is smaller than the time dimension, allowing the investigation of convergence among different subsets of regions. The results add a further dimension to the conventional view on growth dynamics in the Italian peninsula depicting a lack of regional TFP convergence not only at the national level, but also at the level of geographical disaggregations where regions are conventionally thought to converge.
AB - This paper employs panel unit root tests to investigate convergence in total factor productivity (TFP) among Italian regions. These tests provide an inference valid in the presence of heterogeneity and cross-sectional dependence, and when the cross-sectional dimension is smaller than the time dimension, allowing the investigation of convergence among different subsets of regions. The results add a further dimension to the conventional view on growth dynamics in the Italian peninsula depicting a lack of regional TFP convergence not only at the national level, but also at the level of geographical disaggregations where regions are conventionally thought to converge.
KW - panel unit root tests
KW - regional convergence
KW - total factor productivity
UR - http://www.scopus.com/inward/record.url?scp=60749106974&partnerID=8YFLogxK
U2 - 10.1080/00343400701654137
DO - 10.1080/00343400701654137
M3 - Article
AN - SCOPUS:60749106974
SN - 0034-3404
VL - 43
SP - 63
EP - 76
JO - Regional Studies
JF - Regional Studies
IS - 1
ER -