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- Title
Innovation, structural change and productivity growth: evidence from Italian regions, 1980-2003.
- Authors
Quatraro, Francesco
- 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.
- Subjects
ITALY; BUSINESS cycles; ECONOMIC activity; ECONOMICS; TECHNOLOGICAL innovations
- Publication
Cambridge Journal of Economics, 2009, Vol 33, Issue 5, p1001
- ISSN
0309-166X
- Publication type
Article
- DOI
10.1093/cje/ben063