Technological catch-up or neoclassical convergence? Identifying the channels of convergence for Italian regions

Authors

  • Vincenzo Scoppa Department of Economics, Statistics and Finance, University of Calabria

DOI:

https://doi.org/10.17811/ebl.2.4.2013.169-181

Abstract

We investigate whether Italian regions haveconverged in terms of output per worker because of physical capitalaccumulation, human capital accumulation or thanks to technological catch-up. Inorder to identify channels of convergence we adopt the methodology recentlyproposed by Wong (2007) and Feyrer (2007) which combine growth accounting withconvergence regressions. Merging two datasets of regional economic accounts(ISTAT and CRENoS) to obtain longer time series, we show that convergence hasbeen realized mainly thanks to technological catch-up and, to some extent, throughhuman capital accumulation. On the other hand, physical capital has been afactor of divergence.

Author Biography

Vincenzo Scoppa, Department of Economics, Statistics and Finance, University of Calabria

Full Professor, Department of Economics, Statistics and Finance, University of Calabria

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Published

04-11-2013

How to Cite

Scoppa, V. (2013). Technological catch-up or neoclassical convergence? Identifying the channels of convergence for Italian regions. Economics and Business Letters, 2(4), 169–181. https://doi.org/10.17811/ebl.2.4.2013.169-181

Issue

Vol. 2 No. 4 (2013): December - Special Issue: Revisiting convergence

Section

Special Section

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