How to offset the negative trend growth rate in the Italian economy?

The trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time series methods. Our results imply that policies to double trade openness are necessary.

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Year of publication:	2010-11-03
Authors:	Rao, B. Bhaskara ; Antonio, Paradiso

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Rao, B. Bhaskara and Antonio, Paradiso (2010): How to offset the negative trend growth rate in the Italian economy?
Classification:	O40 - Economic Growth and Aggregate Productivity. General ; O52 - Europe
Source:	BASE

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