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The North-Centre and the Mezzogiorno in the Euro Age: the Same Lock-in?

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  • Renato Paniccià
  • Paolo Piacentini
  • Stefano Prezioso

Abstract

Recent data on the traditional North-South dualistic divide in Italy clearly reveal the halt of any convergence process, with the per capita GDP gap in the Mezzogiorno returning to its historical levels, i.e. around 60% of the North-Centre. The resources mobilized within European policies for regional cohesion do not thus appear to have fulfilled expectations. In this contribution, using macroeconomic time series constructed separately for the two broad regional aggregations of the Italian economy (the North-Centre and Mezzogiorno), we stress the importance of the different patterns of capital accumulation in the two areas over the period 1980-2007, and their scarce effectiveness in terms of contributions to productivity gains, in particular in Southern Italy and in the most recent period, characterized by enhanced conditions of global competition and full integration within the EMU.

Suggested Citation

  • Renato Paniccià & Paolo Piacentini & Stefano Prezioso, 2011. "The North-Centre and the Mezzogiorno in the Euro Age: the Same Lock-in?," Rivista italiana degli economisti, Società editrice il Mulino, issue 2, pages 357-357.
    • Handle: RePEc:mul:jqat1f:doi:10.1427/34977:y:2011:i:2:p:357
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    Citations

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    Cited by:

    1. Carmelo Petraglia, 2011. "Il Mezzogiorno nella letteratura economica del 2011," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 4, pages 1083-1098.
    2. Rosa Ferrentino & Luca Vota, 2024. "A statistical-mathematical procedure to estimate the output effect of wage rigidities," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(4), pages 4003-4028, August.
    3. Francesco Aiello & Valeria Pupo & Fernanda Ricotta, 2014. "Explaining Total Factor Productivity at Firm Level in Italy: Does Location Matter?," Spatial Economic Analysis, Taylor & Francis Journals, vol. 9(1), pages 51-70, March.
    4. Germana Giombini & Francesco Perugini & Giuseppe Travaglini, 2017. "The productivity slowdown puzzle of European countries: a focus on Italy," Argomenti, University of Urbino Carlo Bo, Department of Economics, Society & Politics, vol. 6(6), pages 1-20, January-A.
    5. Luca Cappellani & Stefano Prezioso & Stefano Rosignoli, 2017. "Una valutazione territoriale degli effetti macroeconomici del "Piano nazionale Industria 4.0"," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2017(2), pages 59-91.
    6. Demidova, Olga & Marelli, Enrico & Signorelli, Marcello, 2015. "Youth labour market performances in the Russian and Italian regions," Economic Systems, Elsevier, vol. 39(1), pages 43-58.

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