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

Table 3: Panel Unit Root Tests of TFP - ln(yit)

All Regions (N=19)

Test Statistic P-value Conclusion

LLC	-4.63	0.5183	No Convergence
IPS	-1.50	0.5330	No Convergence
MADF	139.53	26.38	Convergence

South (N=7)

Basilicata, Calabria, Campania, Molise, Puglia, Sardegna, Sicilia

Test	Statistic	P-value_____	Conclusion
LLC	-5.47	0.0214	Convergence
IPS	-2.17	0.0270	Convergence
MADF	69.84	26.38________	Convergence

Centre-North (N=12)

Emilia Romagna, Friuli V.G., Liguria, Lombardia, Piemonte
Trentino A.A., Veneto, Lazio, Marche, Toscana, Umbria, Abruzzo

Test Statistic P-value Conclusion

LLC	-2.62	0.6624	No Convergence
IPS	-1.29	0.8190	No Convergence
MADF	71.32	26.38	Convergence

Centre (N=5)

Lazio, Marche, Umbria, Toscana, Abruzzo
Test	Statistic	P-value____	Conclusion
LLC	-1.77	0.4974	No Convergence
IPS	-0.94	0.9260	No Convergence
MADF	9.84	26.38	No Convergence

North (N=7)

Friuli V.G., Liguria, Lombardia, Piemonte, Trentino A.A.
Veneto, Emilia Romagna

Test

Statistic P-value Conclusion

LLC
IPS
MADF

-3.28 0.2584 No Convergence

-1.34 0.7000 No Convergence

20.09_____26.38____________No Convergence_________

For MADF, the critical value is reported instead of the p-value

23

More intriguing information

1. Income Mobility of Owners of Small Businesses when Boundaries between Occupations are Vague
2. Problems of operationalizing the concept of a cost-of-living index
3. Multi-Agent System Interaction in Integrated SCM
4. The name is absent
5. GOVERNANÃ‡A E MECANISMOS DE CONTROLE SOCIAL EM REDES ORGANIZACIONAIS
6. I nnovative Surgical Technique in the Management of Vallecular Cyst
7. From Aurora Borealis to Carpathians. Searching the Road to Regional and Rural Development
8. The name is absent
9. A Note on Productivity Change in European Co-operative Banks: The Luenberger Indicator Approach
10. Ronald Patterson, Violinist; Brooks Smith, Pianist
11. Neighborhood Effects, Public Housing and Unemployment in France
12. The name is absent
13. THE DIGITAL DIVIDE: COMPUTER USE, BASIC SKILLS AND EMPLOYMENT
14. The name is absent
15. Pupils’ attitudes towards art teaching in primary school: an evaluation tool
16. A Review of Kuhnian and Lakatosian “Explanations” in Economics
17. Explaining Growth in Dutch Agriculture: Prices, Public R&D, and Technological Change
18. Chebyshev polynomial approximation to approximate partial differential equations
19. SME'S SUPPORT AND REGIONAL POLICY IN EU - THE NORTE-LITORAL PORTUGUESE EXPERIENCE
20. DETERMINANTS OF FOOD AWAY FROM HOME AMONG AFRICAN-AMERICANS