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Alcune interpretazioni del processo di accumulazione in Italia, 1970-2000

Author

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  • Riccardo Mazzoni

    (Universita degli Studi di Urbino, Istituto di analisi economica, Urbino)

Abstract

Since the early 1970s, the rate of investment, defined as the ratio between investment and GNP, has decreased in Italy more than in the other industrialised countries. The causes of this disappointing performance may be numerous. The paper points out the investment-limiting effects of the changes in the distribution of income, in the external constraints and in the public debt. Attention has also been paid to the impact of the monetary policy on the accumulation. The information necessary for the research has been gathered by reviewing the literature on each topic. On the whole, the above mentioned variables showed significant effects on the investments. The scale of this impact has altered within the periods examined in the study, i.e. 1970-80, 1980-92, 1992-97.

Suggested Citation

  • Riccardo Mazzoni, 2000. "Alcune interpretazioni del processo di accumulazione in Italia, 1970-2000," Moneta e Credito, Economia civile, vol. 53(212), pages 447-482.
    • Handle: RePEc:psl:moneta:2000:43
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    More about this item

    Keywords

    Accumulation; GNP; Investment; Monetary Policy; Monetary;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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