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The ripples of the Industrial revolution: exports, economic growth and regional integration in Italy in the early 19th century

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  • Federico, Giovanni
  • Tena Junguito, Antonio

Abstract

The conventional wisdom about the early stages of modern economic growth in Italy is still heavily influenced by the work of L.Cafagna (1989). He argued that exports of primary products to industrializing North Western countries were the main source of growth and that exports of silk stimulated the industrialization of the North-West (the “industrial triangle”). However, the benefits did not extend to the rest of the country. In this paper we argue that this view is not supported by the trade data. Italian exports grew slowly relative to European and world trade and exports from the North grew less than the total. This view tallies well with some recent estimates of GDP per capita, which show no increase before the Unification (1861)

Suggested Citation

  • Federico, Giovanni & Tena Junguito, Antonio, 2013. "The ripples of the Industrial revolution: exports, economic growth and regional integration in Italy in the early 19th century," IFCS - Working Papers in Economic History.WH wp13-02, Universidad Carlos III de Madrid. Instituto Figuerola.
  • Handle: RePEc:cte:whrepe:wp13-02
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    References listed on IDEAS

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    1. Emanuele Felice & Michelangelo Vasta, 2015. "Passive modernization? The new human development index and its components in Italy's regions (1871–2007)," European Review of Economic History, Oxford University Press, vol. 19(1), pages 44-66.
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    4. Tena-Junguito, Antonio & Lampe, Markus & Fernandes, Felipe Tã‚Mega, 2012. "How Much Trade Liberalization Was There in the World Before and After Cobden-Chevalier?," The Journal of Economic History, Cambridge University Press, vol. 72(3), pages 708-740, August.
    5. Vera Zamagni, 1998. "Il debito pubblico italiano 1861-1946: ricostruzione della serie storica," Rivista di storia economica, Società editrice il Mulino, issue 3, pages 207-242.
    6. Fenoaltea, Stefano, 2005. "The growth of the Italian economy, 1861–1913: Preliminary second-generation estimates," European Review of Economic History, Cambridge University Press, vol. 9(3), pages 273-312, December.
    7. Lisa Sella & Roberto Marchionatti, 2012. "On the cyclical variability of economic growth in Italy, 1881–1913: a critical note," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 6(3), pages 307-328, October.
    8. Ciccarelli, Carlo & Fenoaltea, Stefano, 2007. "Business fluctuations in Italy, 1861-1913: The new evidence," Explorations in Economic History, Elsevier, vol. 44(3), pages 432-451, July.
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    Cited by:

    1. Gabriele Cappelli, 2016. "One size that didn’t fit all? Electoral franchise, fiscal capacity and the rise of mass schooling across Italy’s provinces, 1870–1911," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 10(3), pages 311-343, September.
    2. Nicolás Bonino-Gayoso & Antonio Tena-Junguito & Henry Willebald, 2015. "Uruguay y la Primera Globalización. Sobre la precisión del desempeño exportador, 1870-1913," Documentos de Trabajo (working papers) 15-02, Instituto de Economia - IECON.

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    More about this item

    Keywords

    Foreign trade and integration;

    JEL classification:

    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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