Human capital and "club convergence" in Italian regions

Marcella D'Uva and Rita De Siano ()

Economics Bulletin, 2007, vol. 18, issue 1, 1-7

Abstract: The aim of the study is to investigate the presence of “convergence clubs” among Italian regions applying the stochastic notion of convergence. Regions are sorted according to some human capital accumulation indicators using the Classification and Regression Tree Analysis (CART). The analysis evidences a strong stochastic convergence process which characterizes all the regions suggesting the presence of different growth patterns. Furthermore, results seem to highlight that human capital accumulation favours regional growth particularly in initially “backwards” regions.

JEL-codes: R0 R1 (search for similar items in EconPapers)
Date: 2007-02-07
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-07r10001

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