European regional growth: do sectors matter?

Raffaele Paci and Francesco Pigliaru

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: The recent theoretical and empirical works on economic growth based on Solow's model have generally neglected the role played by the sectoral mix and structural change on aggregate growth. However, as many development economists have remarked, sectors are characterized by enormous differences in terms of technological change, inter-sectoral linkages and the degree of scale economies. In this paper we show that indeed sectors matter in determining aggregate growth across European regions. More specifically, we show that large part of convergence is induced by a structural change process of shifting employment from low to high productive sectors that is relatively faster in the initially less productive southern European regions.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (39)

Downloads: (external link)
https://crenos.unica.it/crenos/node/115
https://crenos.unica.it/crenos/sites/default/files/wp/97-3.pdf (application/pdf)

Related works:
Chapter: European regional growth: do sectors matter? (1999)
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:cns:cnscwp:199703

Access Statistics for this paper

More papers in Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia Contact information at EDIRC.
Bibliographic data for series maintained by CRENoS ().