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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/10013084814
In this paper we investigate the relation between population, real wages and urbanization in the Italian economy during the period 1320-1870. In this period the prevailing conditions were those of a poor, mainly agricultural economy with limited human capital and rudimentary technology. However,...
Persistent link: https://www.econbiz.de/10014223718
patterns of the occupational structure in pre-unification Italy, combining direct observations and urbanization rates. In 1861 …, the agricultural labour share was higher in Southern Italy than in the Centre and North. During the Risorgimento … fifteenth and sixteenth centuries, as the Centre-North stagnated and the South grew slowly. Southern Italy forged ahead of China …
Persistent link: https://www.econbiz.de/10013226663
states in northern Italy but negative correlations between the North and the South before unification, suggesting some …
Persistent link: https://www.econbiz.de/10011517819
The limited partnership emerged as a key societal innovation during the early modern age. It allowed an effective separation between partners - those acting and those conferring capital - and it granted limited liability to partners in case of insolvency. The diffusion of limited partnership -...
Persistent link: https://www.econbiz.de/10011730986
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/10014159592
The Paper draws its motivation from the observation that, three years into the single currency, EMU financial markets … of monetary unification, that of Italy after 1862. We find that the prices of the Rendita Italiana 5% (Italian Consols … currency' fail to explain the delay in financial market unification. We argue that markets remained relatively fragmented …
Persistent link: https://www.econbiz.de/10014085201
In this paper the events of the expansion abroad of the large Italian banks during the period 1900-1950 have been reconstructed. This expansion has been analysed using a geographical criterion considering the different regions where Italian banks created branches or affiliated banks between the...
Persistent link: https://www.econbiz.de/10005661136
We investigate the early development of English cotton spinning by analyzing about 700 bankruptcies and 1300 dissolutions of partnership reported in the London Gazette, 1770–1840. The data show two temporal cycles, peaking in the early to mid-1800s and in the later 1820s, near the ends of...
Persistent link: https://www.econbiz.de/10004992046
in the Low Countries and Italy, it is shown that these older monasteries could adapt and reinvent themselves to stave off …
Persistent link: https://www.econbiz.de/10010908108