G2TT
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
URLhttps://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.
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NDL2005-016.pdf(381KB)智库出版物 限制开放CC BY-NC-SA浏览
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