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Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Interest Rates and Convergence across Italian Regions
Author(s): Dow, Sheila
Montagnoli, Alberto
Napolitano, Oreste
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Keywords: Interest rates
Unit root
Panel data
Issue Date: Jul-2012
Date Deposited: 5-Jan-2016
Citation: Dow S, Montagnoli A & Napolitano O (2012) Interest Rates and Convergence across Italian Regions. Regional Studies, 46 (7), pp. 893-905.
Abstract: The purpose of this paper is to investigate the evidence for economic convergence across Italian regions using trends in interest rate spreads and premia as indicators of regional credit conditions. The results indicate the presence of persistent interest rate differentials, and thus an absence of convergence across the twenty political regions, but a high degree of convergence is observed within the four macroeconomic areas.
DOI Link: 10.1080/00343404.2010.536760
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