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Convergence in Italian regional per-capita GDP

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  • Tommaso Proietti

Abstract

This paper addresses the issue of convergence of per-capita GDP of the 20 Italian regions. The paper first focuses on the notion of σ-convergence and proposes a new hierarchical clustering algorithm, grouping regions according to the presence of a monotonically decreasing trend in entropy. Then alternative definitions of long-run convergence are given, based on the notion of cointegration and common trends and the evidence arising from application of stationarity tests to the time series of regional contrasts is examined. The conclusion is that both kind of convergence can be used to characterize the dynamics of regional per-capita GDP.

Suggested Citation

  • Tommaso Proietti, 2005. "Convergence in Italian regional per-capita GDP," Applied Economics, Taylor & Francis Journals, vol. 37(5), pages 497-506.
    • Handle: RePEc:taf:applec:v:37:y:2005:i:5:p:497-506
    DOI: 10.1080/0003684042000318173
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    References listed on IDEAS

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    Cited by:

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    3. Panos Fousekis, 2007. "Multiple Markets Within the EU? Empirical Evidence From Pork and Poultry Prices in 14 EU Member Countrties," Economics Bulletin, AccessEcon, vol. 3(65), pages 1-12.
    4. Luca Salvati, 2015. "Space matters: Reconstructing a Local-scale Okun's Law for Italy," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(1), pages 833-833.
    5. Luca Salvati & Marco Zitti, 2017. "Urban Concentration, Agglomeration Economies and the Spatial Structure of Italian Local Labor Market Areas," Research in Applied Economics, Macrothink Institute, vol. 9(2), pages 1-17, June.
    6. Heiko Hansen & Ramona Teuber, 2011. "Assessing the impacts of EU's common agricultural policy on regional convergence: sub-national evidence from Germany," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3755-3765.
    7. Alexiadis, Stilianos & Eleftheriou, Konstantinos, 2010. "The Morphology of Income Convergence in US States: New Evidence using an Error-Correction-Model," MPRA Paper 20096, University Library of Munich, Germany.
    8. Fousekis, Panos, 2009. "Are Food Prices in the EU Converging? Empirical Evidence from the Log t Test," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 62(4), pages 407-423.
    9. Panos Fousekis, 2008. "Price Convergence in the EU Poultry and Eggs Markets," Economics Bulletin, AccessEcon, vol. 3(18), pages 1-11.
    10. Federico Benassi & Luca Salvati, 2019. "Economic downturns and compositional effects in regional population structures by age: a multi-temporal analysis in Greek regions, 1981–2017," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(5), pages 2611-2633, September.
    11. repec:ebl:ecbull:v:3:y:2008:i:18:p:1-11 is not listed on IDEAS
    12. Sławomir Pastuszka & Jurand Skrzypek, 2017. "Konwergencja czy dywergencja regionów włoskich?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 101-130.
    13. repec:ebl:ecbull:v:3:y:2007:i:65:p:1-12 is not listed on IDEAS
    14. Luiz Lima & Jaime de Jesus Filho, 2008. "Further investigation of the uncertain trend in US GDP," Applied Economics, Taylor & Francis Journals, vol. 40(9), pages 1207-1216.
    15. Luca Salvati & Alberto Sabbi, 2014. "A New Income Indicator for the Assessment of Regional Competitiveness and Sustainability," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 4(2), pages 711-711.
    16. Luca Salvati & Margherita Carlucci & Giuseppe Venanzoni, 2017. "Recession, resilience, local labour markets: wealthier is better?," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 177-204, July.
    17. Fousekis, Panos, 2011. "Cost Competitiveness in the Food, Beverages and Tobacco Manufacturing of the EU and the USA: A Convergence Analysis," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 8(2).
    18. Efstathios Grigoriadis & Luca Salvati, 2015. "Recession In Action: Exploring The Spatial Divergence Of Percapita Income In Greece," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 9(2), pages 68-83, DECEMBER.

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