IDEAS home Printed from https://ideas.repec.org/p/mib/wpaper/282.html
   My bibliography  Save this paper

Joint-stock companies dynamics, legal institutions and regional economic disparities in Italy (1858-1914)

Author

Listed:
  • Pierangelo Toninelli
  • Claudio Pavese

Abstract

The paper represents the outcome of an ongoing research program on the dynamics of joint stock companies in Italy between the 1861 Unification of the country and World War 1. It is based on a considerable quantity of data, the bulk of which is constituted by the very detailed set covering the 1883-1913 period, which started to be collected many years ago and has a very reliable empirical support, the weekly companies’ official bulletin. Furthermore evidence for the preceding years have requested accurate investigation about the disposable quantitative information, their homogeneity and comparability. Apart from commenting upon the result of this unique collection of quantitative information, the paper will hopefully provide a not negligible contribution to the explanation of the Italian first period of economic growth and - more specifically - to the origins and evolution of the country’s regional inequalities. It is aimed at enlightening internal economic and social disparities also in terms of the diverging rhythm of private capital formation between the northern and southern regions. It will inquire if and how the joint-stock companies long-term dynamics showed unequal regional concentration, therefore penalizing the economic growth of the areas less affected by the phenomenon.

Suggested Citation

  • Pierangelo Toninelli & Claudio Pavese, 2014. "Joint-stock companies dynamics, legal institutions and regional economic disparities in Italy (1858-1914)," Working Papers 282, University of Milano-Bicocca, Department of Economics, revised Oct 2014.
  • Handle: RePEc:mib:wpaper:282
    as

    Download full text from publisher

    File URL: http://dems.unimib.it/repec/pdf/mibwpaper282.pdf
    File Function: First version, 2014
    Download Restriction: no

    References listed on IDEAS

    as
    1. Fenoaltea, Stefano, 2003. "Peeking Backward: Regional Aspects of Industrial Growth in Post-Unification Italy," The Journal of Economic History, Cambridge University Press, vol. 63(04), pages 1059-1102, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pepelasis, Ioanna Sapfo & Emmanouilidi, Elpianna, 2013. "A Historical Overview of Joint Stock Company Births in Greece (1830-1909): Coincidence, causality and determinants," MPRA Paper 47335, University Library of Munich, Germany.

    More about this item

    Keywords

    Italy pre-1913; joint stock companies; corporate law;

    JEL classification:

    • N23 - Economic History - - Financial Markets and Institutions - - - Europe: Pre-1913
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mib:wpaper:282. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Matteo Pelagatti). General contact details of provider: http://edirc.repec.org/data/dpmibit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.