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Is Regional Growth in Italy Endogenous?

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  • Matteo Lanzafame

Abstract

Lanzafame M. Is regional growth in Italy endogenous?, Regional Studies. This paper investigates the extent to which the natural rate of growth of the Italian regions is endogenous, in the sense that it is affected by actual growth. Using annual data for the period 1977-2003, mixed support is found for the endogeneity hypothesis. Furthermore, in line with recent findings in the literature, the analysis provides evidence of asymmetries in Okun's law when growth is endogenous. [image omitted] Lanzafame M. La croissance regionale en Italie, est-elle vraiment endogene?, Regional Studies. Cet article cherche a examiner dans quelle mesure le taux de croissance naturel des regions italiennes est endogene, en ce sens que elle est touchee par la croissance reelle. A partir des donnees annuelles pour la periode allant de 1977 jusqu'a 2003, on trouve du soutien mitige en faveur de l'hypothese endogene. Qui plus est, en accord avec des resultats recents dans la documentation, l'analyse fournit des preuves des asymetries dans la loi Okun quand la croissance est endogene. Croissance endogene Loi Okun Regions italiennes Lanzafame M. Ist das regionale Wachstum in Italien endogen?, Regional Studies. In diesem Beitrag wird untersucht, in welchem Ausmass die naturliche Wachstumsrate in den italienischen Regionen insofern endogen ausfallt, als dass sie vom tatsachlichen Wachstum beeinflusst wird. Anhand von Jahresdaten aus dem Zeitraum von 1977 bis 2003 stellen wir fest, dass fur die Hypothese der Endogenitat unterschiedliche Belege vorhanden sind. Daruber hinaus liefert unsere Analyse in Ubereinstimmung mit den jungsten Ergebnissen der Literatur Hinweise darauf, dass das Okunsche Gesetz bei einem endogenen Wachstum Asymmetrien aufweist. Endogenes Wachstum Okunsches Gesetz Italienische Regionen Lanzafame M. ¿Es endogeno el crecimiento regional en Italia?, Regional Studies. En este articulo investigamos en que medida la tasa natural de crecimiento en las regiones italianas es endogena en la medida en que este afectada por el crecimiento real. Con ayuda de datos anuales durante el periodo 1977-2003, observamos un apoyo mezclado para la hipotesis de endogeneidad. Ademas, de acuerdo con resultados recientes en la literatura, nuestro analisis ofrece ejemplos de asimetrias en la Ley de Okun cuando el crecimiento es endogeno. Crecimiento endogeno Ley de Okun Regiones italianas

Suggested Citation

  • Matteo Lanzafame, 2009. "Is Regional Growth in Italy Endogenous?," Regional Studies, Taylor & Francis Journals, vol. 43(8), pages 1001-1013.
    • Handle: RePEc:taf:regstd:v:43:y:2009:i:8:p:1001-1013
    DOI: 10.1080/00343400802093847
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    References listed on IDEAS

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    1. Michael Reiter & Christian Haefke, 2006. "Endogenous Labor Market Participation and the Business Cycle," Working Papers 202, Barcelona School of Economics.
    2. Hatton, Timothy J. & Williamson, Jeffrey G., 1998. "The Age of Mass Migration: Causes and Economic Impact," OUP Catalogue, Oxford University Press, number 9780195116519.
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    1. Fontanari, Claudia & Palumbo, Antonella & Salvatori, Chiara, 2020. "Potential Output in Theory and Practice: A Revision and Update of Okun's Original Method," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 247-266.
    2. Lanzafame, Matteo, 2013. "Crime and regional growth in Italy," MPRA Paper 44343, University Library of Munich, Germany.
    3. Rita Lamboglia & Daniela Mancini, 2021. "The relationship between auditors’ human capital attributes and the assessment of the control environment," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(4), pages 1211-1239, December.
    4. Robert A. Blecker, 2022. "New advances and controversies in the framework of balance‐of‐payments‐constrained growth," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 429-467, April.
    5. Matteo Lanzafame, 2014. "The balance of payments-constrained growth rate and the natural rate of growth: new empirical evidence," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(4), pages 817-838.
    6. Paola Bertolini & Michele Lalla & Francesco Pagliacci, 2015. "School enrolment of first- and second-generation immigrant students in Italy: A geographical analysis," Papers in Regional Science, Wiley Blackwell, vol. 94(1), pages 141-159, March.
    7. Miguel A. León-Ledesma & Matteo Lanzafame, 2010. "The Endogenous Nature of the ‘Natural’ Rate of Growth," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 10, Edward Elgar Publishing.

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