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Structural change, growth, and convergence in Italy: 1951–1970

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  • Piras, Romano

Abstract

We study the role of structural change on convergence in Italy by investigating the shifting of the labor force from agricultural to the manufacturing, market service, and nonmarket service sectors during the years of the Italian economic miracle. We find that the standard capital deepening mechanism was not the one that worked for convergence, rather it was structural change. Furthermore, we document that such a role was heterogeneous between the Center-Northern and the Southern regions. Finally, notwithstanding the huge internal and international migration flows that occurred during this period, we detect no significant role of migration in the convergence process.

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  • Piras, Romano, 2022. "Structural change, growth, and convergence in Italy: 1951–1970," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 362-379.
    • Handle: RePEc:eee:streco:v:61:y:2022:i:c:p:362-379
    DOI: 10.1016/j.strueco.2022.03.005
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    More about this item

    Keywords

    Structural change; Convergence in Italy; Regional economic activity;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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