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Civic Capital and Development: Italy, 1951-2001

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  • Giuseppe Albanese

    ()
    (Bank of Italy)

  • Guido de Blasio

    ()
    (Bank of Italy)

Abstract

We empirically investigate the role of civic capital (proxied by voter turnout) in Italy's economic development in the second half of the Twentieth century. Using a unique dataset at the city level, we show that over a fifty-year span voter turnout was steadily correlated with economic development and that this reflected some causality running from the former to the latter. We also find that the impact of civic capital was greater in the period immediately after the Second World War and gradually waned in the following decades.

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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Quaderni di storia economica (Economic History Working Papers) with number 32.

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Date of creation: Mar 2014
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Handle: RePEc:bdi:workqs:qse_32

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Web page: http://www.bancaditalia.it
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Keywords: civic capital; development; Italy;

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Cited by:
  1. Guido de Blasio & Samuele Poy, 2014. "The impact of local minimum wages on employment: evidence from Italy in the 1950s," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 953, Bank of Italy, Economic Research and International Relations Area.

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