Autori
Westermann, Frank
Sinn, Hans-Werner

Titolo
Due "Mezzogiorni"
Periodico
L'industria
Anno: 2006 - Fascicolo: 1 - Pagina iniziale: 49 - Pagina finale: 52

The analogy between the economic problems of the Mezzogiorno region and East Germany has been initially contested by many authors. This paper argues that there are striking similarities in the two regions, in terms of the causes of their economic predicament. With an aggregate labour productivity of 55-60% relative to the rest of the country, both are true transfer economies, whose consumption exceeds production by far. Beyond locational disadvantages, the present paper identifies overdrawn wages, high social security spending and the Dutch disease problem as core reasons for the poor economic performance. Updating an earlier article on this topic, the paper finds, that there has not been a reversal of the trends described in recent years.



SICI: 0019-7416(2006)1<49:D">2.0.ZU;2-I
Testo completo: http://www.mulino.it/download/article/10.1430/21809
Testo completo alternativo: http://www.mulino.it/doi/10.1430/21809

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico