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Una nuova stima del Pil italiano di lungo periodo

Author

Listed:
  • Giuseppe Canullo

    (Università degli Studi di Ancona, Dipartimento di Economia, Ancona)

Abstract

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.

Suggested Citation

  • Giuseppe Canullo, 2000. "Una nuova stima del Pil italiano di lungo periodo," Moneta e Credito, Economia civile, vol. 53(212), pages 483-506.
    • Handle: RePEc:psl:moneta:2000:44
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    Keywords

    Economic Growth; Growth;

    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
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913

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