Contiguita' territoriale e shock sul consumo nelle regioni italiane

Scorcu, Antonello Eugenio (1997) Contiguita' territoriale e shock sul consumo nelle regioni italiane. Bologna: Dipartimento di Scienze economiche DSE, p. 21. DOI 10.6092/unibo/amsacta/5034. In: Quaderni - Working Paper DSE (277). ISSN 2282-6483.
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Abstract

The hypothesis of complete consumption risk-sharing suggests that only uninsurable national and international disturbances should affect the growth of the regional consumption. Therefore, the correlation among regional consumption growth rates should be high.This work analyzes the issue of regional consumption risk-sharing in Italy over the period 1971-93. The empirical evidence is mixed: consumption correlations are high but other formal tests suggest the relevance of idiosincratic effects. In conclusion, the overall degree of consumption risksharing appears to be less than perfect.

Abstract
Document type
Monograph (Working Paper)
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CreatorsAffiliationORCID
Scorcu, Antonello Eugenio
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ISSN
2282-6483
DOI
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04 Apr 2016 15:25
Last modified
04 Apr 2016 15:25
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