Convergence in TFP among Italian Regions - Panel Unit Roots with Heterogeneity and Cross Sectional Dependence

Table 1: Regional and macro-area average value (1970-2001)
Italy = 1.00

Region	Y/L	( K/Y ) )^γ	TFP
Piemonte	1.06	1.08	1.09
Lombardia	1.13	1.18	1.12
Liguria	1.09	0.89	0.95
North West	1.11	1.05	1.02
Trentino A.A.	1.06	0.83	1.03
Veneto	0.98	1.08	1.15
Friuli V.G.	0.93	0.89	1.02
Emila Romagna	1.02	1.05	1.05
North East	1.00	0.96	1.06
Toscana	0.99	1.01	1.04
Umbria	0.93	1.05	0.9
Marche	0.86	0.82	0.94
Lazio	1.14	0.79	1.2
Centre	0.98	0.92	1.02
Abruzzo	0.89	0.89	0.85
Molise	0.82	0.83	0.9
Puglia	0.82	1.02	0.82
Campania	0.86	0.78	0.92
Basilicata	0.79	0.98	0.76
Calabria	0.76	0.87	0.78
Sicilia	0.95	0.99	0.83
Sardegna	0.96	1.25	0.87
South	0.86	0.95	0.84

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