Supply and demand-side determinants of productivity growth in Italian regions

被引:14
|
作者
Millemaci, Emanuele [1 ]
Ofria, Ferdinando [1 ]
机构
[1] Univ Messina, Dipartimento Econ, Piazza Pugliatti 1, I-98122 Messina, Italy
关键词
Kaldor-Verdoorn law; Increasing returns; Productivity; Manufacturing; Italian regions; R&D; Infrastructures; RESEARCH-AND-DEVELOPMENT; VERDOORN LAW; CUMULATIVE GROWTH; INCREASING RETURNS; ECONOMIC-GROWTH; INFRASTRUCTURE INVESTMENT; TRANSPORT INFRASTRUCTURE; ENDOGENOUS GROWTH; UNITED-STATES; SCALE;
D O I
10.1016/j.strueco.2016.04.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
The objective of this paper is to identify the long run determinants of productivity growth for the manufacturing sector of the Italian regions. Demand and supply-side factors are considered: on the demand side, we refer to the estimation of the Verdoorn effect, while, on the supply side, we explore the role of R&D expenditures and transport infrastructure endowments. Our estimation methodology consists of both pooled cross-section OLS and time series LIML estimators using data collected by CRENoS and Istat covering the period 1964-2009. We find evidence of a statistically significant Verdoorn effect. Labor costs, R&D and railway infrastructure have a positive impact on productivity growth. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:138 / 146
页数:9
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