Una nuova stima del Pil italiano di lungo periodo (A New View of Italian Long-Run Growth)
In the light of recent groundwork research on pre-war Italian economic growth this paper develops a new estimate of the country's secular GDP, both at current and constant prices. Differences between the new series and the traditional Ancona Group estimate on the one side and the internationall...
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| Format: | Article |
| Language: | Italian |
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Associazione Economia civile
2000-12-01
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| Series: | Moneta e Credito |
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| Online Access: | http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9802/9687 |
| Summary: | In the light of recent groundwork research on pre-war Italian economic growth this paper develops a new estimate of the country's secular GDP, both at current and constant prices. Differences between the new series and the traditional Ancona Group estimate on the one side and the internationally known Maddison amended estimate on the other are highlighted and discussed. Compared with Maddison's, the new series shows slower growth from 1891 to 1938 and a quicker recovery after World War II. Consequences on the timing and strength of the convergence process of the Italian economy are shown. |
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| ISSN: | 0026-9611 2037-3651 |