Skip to main content
Divergence and long-run equilibria in Italian regional unemployment
Applied Economics Letters (2006)
  • Mauro Costantini
  • Claudio Lupi, University of Molise

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 stochastic convergence hypothesis can be rejected. However, the existence of a long-run equilibrium relationship among regional unemployment rates cannot be excluded. Some possible implications of this finding are sketched.

  • Unemployment,
  • Regional disparities,
  • Convergence,
  • Unit roots
Publication Date
Citation Information
Mauro Costantini and Claudio Lupi. "Divergence and long-run equilibria in Italian regional unemployment" Applied Economics Letters Vol. 13 Iss. 14 (2006)
Available at: