Interest Rates and Convergence across Italian Regions

被引：10

作者：

Dow, Sheila ^{[1
]}

Montagnoli, Alberto ^{[1
]}

Napolitano, Oreste ^{[2
]}

机构：

[1] Univ Stirling, Div Econ, Stirling FK9 4LA, Scotland

[2] Univ Naples Parthenope, Dept Econ Studies, I-80133 Naples, Italy

来源：

REGIONAL STUDIES | 2012年 / 46卷 / 07期

关键词：

Interest rates; Unit root; Panel data; Convergence; Italy; UNIT-ROOT TESTS; PANEL-DATA; FINANCIAL DEVELOPMENT; ECONOMIC-GROWTH; UNEMPLOYMENT; EFFICIENCY; BIAS;

D O I：

10.1080/00343404.2010.536760

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

DOW S., MONTAGNOLI A. and NAPOLITANO O. Interest rates and convergence across Italian regions, Regional Studies. The purpose of this paper is to investigate the evidence for economic convergence across Italian regions using trends in interest rate spreads and premia as indicators of regional credit conditions. The results indicate the presence of persistent interest rate differentials, and thus an absence of convergence across the twenty political regions, but a high degree of convergence is observed within the four macroeconomic areas.

引用

页码：893 / 905

页数：13

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