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http://hdl.handle.net/10419/36623
  

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dc.contributor.authorBuch, Claudia M.en_US
dc.contributor.authorMonti, Paolaen_US
dc.date.accessioned2008-11-31en_US
dc.date.accessioned2010-07-15T10:10:07Z-
dc.date.available2010-07-15T10:10:07Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/36623-
dc.description.abstractMany theoretical models show that trade openness has positive welfare implications. Yet, openness might affect different social groups and regions asymmetrically, even within a given country. We use Italian regional data to answer the question whether trade openness affects within-country income differentials. In Italy, the more affluent regions are internationally more open than poorer ones not only with respect to trade in goods, but also with respect to FDI and international migration. Prima facie, there is a positive correlation between openness and per capita income. Studying this relationship empirically requires taking into account the endogenous component of openness. We apply panel cointegration and instrumental variables techniques to account for the endogeneity of trade. Our results show a positive link between trade openness and the level of income per capita.en_US
dc.language.isoengen_US
dc.publisherInstitut für Angewandte Wirtschaftsforschung (IAW) Tübingenen_US
dc.relation.ispartofseriesIAW-Diskussionspapiere 41en_US
dc.subject.jelF2en_US
dc.subject.jelF43en_US
dc.subject.ddc330en_US
dc.subject.keywordOpennessen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordregional income disparitiesen_US
dc.subject.keywordItalian regionen_US
dc.titleOpenness and income disparities: does trade explain the 'Mezzogiorno' effect?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn584115431en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IAW-Diskussionspapiere, Institut für Angewandte Wirtschaftsforschung (IAW)

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