Pistoresi, Barbara; Rinaldi, Alberto - In: Explorations in Economic History 49 (2012) 2, pp. 241-254
The nexus between trade and economic growth in Italy has been widely debated by historiography. However, there are no … consequent on the increase in intra-industry trade. We also find a weak support for export-led growth and growth-led imports … cointegration analysis and causality tests. The outcome suggests that these variables comove in the long run but the direction of …