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

Economics and Business Letters

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Title Technological catch-up or neoclassical convergence? Identifying the channels of convergence for Italian regions
 
Creator Scoppa, Vincenzo; Department of Economics, Statistics and Finance, University of Calabria
 
Description 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.
 
Publisher Oviedo University Press
 
Contributor —
 
Date 2013-11-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.unioviedo.es/reunido/index.php/EBL/article/view/10020
 
Source Economics and Business Letters; Vol 2, No 4 (2013): December - Special Issue: Revisiting convergence; 169-181
Economics and Business Letters; Vol 2, No 4 (2013): December - Special Issue: Revisiting convergence; 169-181
2254-4380
 
Language eng
 
Relation http://www.unioviedo.es/reunido/index.php/EBL/article/view/10020/9806
http://www.unioviedo.es/reunido/index.php/EBL/article/downloadSuppFile/10020/209
 
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