The Italian labour market is characterized by large and persistent regional unemployment differentials. This study uses recent panel unit root and cointegration tests to derive the long-run properties of the Italian regional unemployment disparities. The empirical evidence suggests that the...

This paper examines stochastic convergence in real per capita GDP for Italian regions using recent non-stationary panel data methodologies over the period 1951 to 2002. Economies stochastically converge when regional differences across economies are not persistent, and long-run movements in a...

We evaluate the empirical evidence regarding stochastic convergence in income across a group of 29 countries. Our results are based on a new unit root test developed by Popp (2008) that estimates the break-date more accurately and does not suffer from size distortions in the presence of a break....