Regional Inflation Persistence: Evidence from Italy

Andrea Vaona and Guido Ascari

No 04/2010, Working Papers from University of Verona, Department of Economics

Abstract: Regional patterns of inflation persistence have received attention only at a very coarse level of territorial disaggregation, that of EMU member states. However economic disparities within EMU member states are an equally important policy issue. This paper considers a country with a large regional divide, i.e., Italy, at a fine level of territorial disaggregation (NUTS3). Our results show that economically backward regions display greater inflation persistence. Moreover, we show that higher persistence is linked to a lower degree of competitiveness in the retail sector. Finally, the inflation persistence at the national level does not present any geographical aggregation bias, because it equals the mean of inflation persistence of provincial data.

Keywords: inflation persistence; retail sector; regions (search for similar items in EconPapers)
JEL-codes: E0 E30 R0 R10 (search for similar items in EconPapers)
Pages: 32
Date: 2010-02
New Economics Papers: this item is included in nep-cba, nep-geo and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://dse.univr.it//workingpapers/WP1004.pdf Revised version (application/pdf)

Related works:
Journal Article: Regional Inflation Persistence: Evidence from Italy (2012)
Working Paper: Regional Inflation Persistence: Evidence from Italy (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ver:wpaper:04/2010

Access Statistics for this paper

More papers in Working Papers from University of Verona, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Michael Reiter ().