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In 150 years, the trends in regional disparities in economic development within Italy have differed depending on … then closed; the North-South gap, by contrast, remains the main open problem in the national history of Italy. This work … between southern and northern Italy, powered by rising productivity and structural change in the South. The last turning point …
Persistent link: https://www.econbiz.de/10009364471
In post-Unification Italy industrialization was ever sharply sub-regional. Initially industry was largely artisanal …
Persistent link: https://www.econbiz.de/10008765710
Persistent link: https://www.econbiz.de/10001566209
Since it became a united country, Italy was looked at with keen eyes by foreign economists, economic historians and …
Persistent link: https://www.econbiz.de/10009364456
integration meant that foreign market access was the decisive factor; the North had the advantage of proximity to these markets. …
Persistent link: https://www.econbiz.de/10009364461
The paper presents trade policy as in line with that of other continental European powers, with a move to moderate levels of tariff protection for politically sensitive sectors such as steel and textiles and clothing, but also in agriculture, with levels of protection falling slightly before the...
Persistent link: https://www.econbiz.de/10009364457
markets. Moreover, the Italian equity market in the last 30 years (up to 1994), when equity prices barely kept up with … inflation, looks very different. The econometric analysis suggests the presence of an equity premium puzzle in Italy during the …
Persistent link: https://www.econbiz.de/10005113669
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
In this paper we estimate the current account of the balance of payments of Italy�s Southern and Northern regions for the period 1998-2000. In our scheme the General Government is considered as a non-resident institution; fiscal revenues and expenditure generate credits and debts in the...
Persistent link: https://www.econbiz.de/10005111539
This paper studies the correlation between inequality, measured by the Gini coefficent of incomes, and the growth rate of per capita GDP in a panel of countries between the late 1950s and late 1990s. Inequality Granger causes growth with a negative coefficient, while growth Granger causes...
Persistent link: https://www.econbiz.de/10005609408