This paper examines the sources of labour productivity in the Italian regions during the period 1980–2004. Five economic sectors are investigated using data envelopment analysis (DEA) and taking into account productive specialisation and sector inefficiencies. Labour productivity change is decomposed into five components by means of Malmquist productivity indices: intra-sector efficiency change, composition efficiency change, input-biased technical change, magnitude component technical change and capital accumulation. Using bootstrap procedure, the components of labour productivity changes are statistically tested. Efficiency analysis shows that productive specialisation is not a source of inefficiency and efficiency gains can be obtained by sector-specific policies. Thus, it is possible to obtain improvements in efficiency in each sector of activity rather than reallocating resources among sectors. The results of the decomposition by sectors reveal heterogeneous sources of growth. The total economy has shown evidence of non-neutral technical change and, it has been found that agriculture, industry and construction experienced capital using technical change. The analysis of the decomposition of the labour productivity growth is complemented by an analysis of β-convergence.
Gitto, S. (2017). Efficiency change, technological change and capital accumulation in Italian regions: a sectoral study. INTERNATIONAL REVIEW OF APPLIED ECONOMICS, 31(2), 191-207.
|Tipologia:||Articolo su rivista|
|Citazione:||Gitto, S. (2017). Efficiency change, technological change and capital accumulation in Italian regions: a sectoral study. INTERNATIONAL REVIEW OF APPLIED ECONOMICS, 31(2), 191-207.|
|Settore Scientifico Disciplinare:||Settore ING-IND/35 - Ingegneria Economico-Gestionale|
|Revisione (peer review):||Esperti anonimi|
|Digital Object Identifier (DOI):||http://dx.doi.org/10.1080/02692171.2016.1240152|
|Stato di pubblicazione:||Pubblicato|
|Data di pubblicazione:||2017|
|Titolo:||Efficiency change, technological change and capital accumulation in Italian regions: a sectoral study|
|Appare nelle tipologie:||01 - Articolo su rivista|