How to offset the negative trend growth rate in the Italian economy?

被引：4
|
作者：
Paradiso, Antonio [2 ]
Rao, B. Bhaskara [1 ]
机构：
[1] Univ Western Sydney, Coll Business, Sch Econ & Finance, Dept Econ, Sydney, NSW 2150, Australia
[2] Univ Roma La Sapienza, Dept Econ, Rome, Italy
来源：
APPLIED ECONOMICS LETTERS | 2011年 / 18卷 / 13-15期
关键词：
D O I：
10.1080/13504851.2010.543066
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time series methods. Our results imply that policies to double trade openness are necessary.
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页码：1479 / 1483
页数：5
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