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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
How to Measure the Unobservable: A Panel Technique for the Analysis of TFP Convergence | |
Adriana Di Liberto; Roberto Mura; Francesco Pigliaru | |
发表日期 | 2005 |
出处 | Economy and Society |
出版年 | 2005 |
语种 | 英语 |
摘要 | This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of Italian regions between 1963 and 1993 and find strong evidence that both mechanisms were at work during the process of aggregate regional convergence observed in Italy up to the mid-seventies. Finally, we find that our TFP estimates are highly positively correlated with standard human capital measures, where the latter is not statistically significant in growth regressions. This evidence confirms one of the hypotheses of the Nelson and Phelps approach, namely that human capital is the main determinant of technological catch-up. Our results are robust to the use of different estimation procedures such as simple LSDV, Kiviet-corrected LSDV, and GMM à la Arellano and Bond. |
特色分类 | O47,O33,O18,C23 |
关键词 | TFP,Panel data,Regional convergence |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/how-to-measure-the-unobservable-a-panel-technique-for-the-analysis-of-tfp-convergence/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117129 |
推荐引用方式 GB/T 7714 | Adriana Di Liberto,Roberto Mura,Francesco Pigliaru. How to Measure the Unobservable: A Panel Technique for the Analysis of TFP Convergence. 2005. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2005-016.pdf(381KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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