This article investigates the evolution of the gap between Italian regions and Italy as a whole during the period of 1980 to 2007. We tested for the presence of the stochastic and -convergence hypotheses using different time series approaches. The former was studied, first, for the entire sample period and then, with an exogenous instantaneous break in the series. The presence of -convergence, instead, was estimated considering a known and an unknown trend break date model. Our results show that most of the regions do not converge in an ‘actual’ way, since they do not present a stochastic and -convergence simultaneously. I. Introduction
Time series approaches to Italian regional convergence
DE SIANO, Rita;D'UVA, Marcella
2011-01-01
Abstract
This article investigates the evolution of the gap between Italian regions and Italy as a whole during the period of 1980 to 2007. We tested for the presence of the stochastic and -convergence hypotheses using different time series approaches. The former was studied, first, for the entire sample period and then, with an exogenous instantaneous break in the series. The presence of -convergence, instead, was estimated considering a known and an unknown trend break date model. Our results show that most of the regions do not converge in an ‘actual’ way, since they do not present a stochastic and -convergence simultaneously. I. IntroductionI documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
