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On the Structure of the Italian Economy, 1861-1913

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  • Stefano Fenoaltea

Abstract

Le nuove serie del PIL italiano dal 1861 al 1913 sono a prezzi 1911. Voci autorevoli hanno affermato che queste sovrastimano la quota dei servizi all'Unità, e che sottostimano pertanto la crescita relativa di quel settore nei decenni successivi. Dalle informazioni statistiche di cui disponiamo la quota dei servizi all'Unità non risulterebbe particolarmente più bassa a prezzi correnti che non a prezzi 1911, e la sua crescita successiva sembrerebbe alquanto contenuta. L'aumento della quota dei servizi con l'aumento del reddito è un fenomeno recente, che non si può retropolare perché è cambiata nel tempo la natura stessa dei servizi. Oggi questi sono ampiamente finali, e sostituti superiori dei beni materiali; allora erano prevalentemente intermedi, e complementi dei beni materiali di cui curavano in sostanza la distribuzione.

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  • Stefano Fenoaltea, 2011. "On the Structure of the Italian Economy, 1861-1913," Rivista di storia economica, Società editrice il Mulino, issue 1, pages 61-72.
  • Handle: RePEc:mul:jrkmxm:doi:10.1410/34280:y:2011:i:1:p:61-72
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    Cited by:

    1. Pier Giorgio Ardeni & Andrea Gentili, 2014. "Revisiting Italian emigration before the Great War: a test of the standard economic model," European Review of Economic History, Oxford University Press, vol. 18(4), pages 452-471.
    2. Stefano Fenoaltea, 2014. "The measurement of production movements: lessons from the engineering industry in Italy, 1861-1913," Carlo Alberto Notebooks 400, Collegio Carlo Alberto.
    3. Emanuele Felice & Josep Pujol Andreu, 2013. "GDP and life expectancy in Italy and Spain over the long-run (1861-2008): insights from a time-series approach," UHE Working papers 2013_06, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
    4. Fenoaltea, Stefano, 2017. "The Growth of the Italian Economy, 1861-1913: Revised Second-Generation Production-Side Estimates," MPRA Paper 83508, University Library of Munich, Germany.
    5. Fenoaltea, Stefano, 2015. "The measurement of production movements: Lessons from the general engineering industry in Italy, 1861–1913," Explorations in Economic History, Elsevier, vol. 57(C), pages 19-37.
    6. Fenoaltea, Stefano, 2018. "The Growth of the Italian Economy, 1861−1913: The Composition Of Investment," MPRA Paper 88138, University Library of Munich, Germany.

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