 The role of human capital after the crisis in Italy: A regional analysisIacopo Odoardi and Fabrizio Muratore Socio-Economic Planning Sciences, 2019, vol. 66, issue C, 58-67 Abstract: In the years of the prolonged post-crisis recession, the well-known North-South divide in Italy has significantly worsened. Several structural weaknesses limit both post-crisis recovery and socioeconomic convergence. A greater understanding of the economic contribution of workers' human capital, which is not fully exploited in Italy, could address the two issues. We analyze the effects of human capital on local economic performance and productivity, along with other socioeconomic variables, controlling for the endogeneity problem. Workers with a better education can promote economic recovery through productivity enhancement in the South, while traditional aspects related to industrialization are significant in the “wealthy North”. However, structural aspects, such as the local financial systems, must be developed to start a path to convergence for the North and the South. Keywords: Human capital; Labor force; Great recession; Productivity; Economic dualism (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:66:y:2019:i:c:p:58-67 DOI: 10.1016/j.seps.2018.07.002 Access Statistics for this article Socio-Economic Planning Sciences is currently edited by Barnett R. Parker More articles in Socio-Economic Planning Sciences from Elsevier |
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