IDEAS home Printed from https://ideas.repec.org/p/ast/wpaper/0051.html
   My bibliography  Save this paper

Exploring the Determinants of Productivity Growth in Italian Regions: a Kaldorian Perspective

Author

Listed:
  • Matteo Deleidi
  • Walter Paternesi Meloni
  • Luigi Salvati
  • Francesca Tosi

Abstract

The promotion of regional convergence is at the heart of the European cohesion policy,although how to stimulate it still is a debated question in the economic theory. Endorsing a Kaldorian perspective, we investigate the determinants of labour productivity in Italian regions by applying Panel Structural VAR modelling to 1981-2013 data. By esplicitly considering the endogeneity among the studied variables, we find that labour productivity is stimulated by output growth and capital accumulation. Our findings bear important implications in terms of policy advice, leading to the conclusion that considerable public investment is necessary to stimulate economic growth and productivity especially in economically depressed areas, like the Italian Mezzogiorno.

Suggested Citation

  • Matteo Deleidi & Walter Paternesi Meloni & Luigi Salvati & Francesca Tosi, 2020. "Exploring the Determinants of Productivity Growth in Italian Regions: a Kaldorian Perspective," Working Papers 0051, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    • Handle: RePEc:ast:wpaper:0051
    as

    Download full text from publisher

    File URL: http://host.uniroma3.it/associazioni/astril/pubblicazioni_files.aspx?id=81
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gulbahar Atasever, 2021. "A Kaldorian Perspective on the Turkish Economy (1980–2020)," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 71(1), pages 59-80, June.
    2. Alexandre Gomes, 2020. "Regional economic growth in China from a Kaldorian perspective: A comparative study of Nanjing and Suzhou," PSL Quarterly Review, Economia civile, vol. 73(295), pages 283-312.

    More about this item

    Keywords

    Labour productivity; Technical progress; Investment; Regional differentials; Panel SVAR;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ast:wpaper:0051. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: http://host.uniroma3.it/associazioni/astril .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.