Innovation, structural change and productivity growth. Evidence from Italian regions, 1980-2003

Francesco Quatraro

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Abstract: This paper develops a Schumpeterian approach to structural change, by grafting the role of business cycles and creative destruction into the growth retardation theory. The context of the empirical analysis is represented by the growth path of 20 Italian regions over the period 1981-2003, in the light of the transition towards the knowledge-based economy. The results strongly support our hypotheses: (i) early-industrialised areas are fully involved in the generalised movement towards the knowledge-based economy; (ii) due to the delayed expansion of manufacturing activities in late-industrialised areas, productivity growth and innovation takes place within manufacturing sectors.

Keywords: Structural change; Growth retardation; Innovation (search for similar items in EconPapers)
Date: 2009
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00727621
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Citations: View citations in EconPapers (44)

Published in Cambridge Journal of Economics, 2009, 33, pp.1001-1022

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Journal Article: Innovation, structural change and productivity growth: evidence from Italian regions, 1980--2003 (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00727621

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