Total Factor Productivity Convergence among Italian Regions: Some Evidence from Panel Unit Root Tests

Giorgio Fazio, Davide Piacentino, Davide Piacentino, Joseph P. Byrne

Research output: Contribution to journalArticlepeer-review

23 Citations (Scopus)

Abstract

This paper employs panel unit root tests to investigate convergence in total factor productivity (TFP) among Italian regions. These tests provide an inference valid in the presence of heterogeneity and cross-sectionaldependence, and when the cross-sectional dimension is smaller than the time dimension, allowing the investigation of convergenceamong different subsets of regions. The results add a further dimension to the conventional view on growth dynamicsin the Italian peninsula depicting a lack of regional TFP convergence not only at the national level, but also at the level of geographical disaggregations where regions are conventionally thought to converge.
Original languageEnglish
Pages (from-to)63-76
Number of pages14
JournalRegional Studies
Volume43
Publication statusPublished - 2009

All Science Journal Classification (ASJC) codes

  • General Environmental Science
  • General Social Sciences

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