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

21



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