Exports,growth and causality. New evidence on Italy: 1863-2004
This paper investigates the causal relationship between real export and real GDP in Italy from 1863 to 2004 by using cointegration analysis and causality tests. The outcome suggests that in the period prior to WW1 the growth of the Italian economy led that of exports, while in the post-WW2 period the causal relationship was reversed with the expansion of exports that determined the growth of the Italian economy.
|Date of creation:||Sep 2010|
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- Massimo Baldini & Teresio Poggio, 2010.
"Housing policy toward the rental sector in Italy: a distributive assessment,"
Department of Economics
0632, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
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- Marina Murat & Barbara Pistoresi, 2009.
"Emigrant and immigrant networks in FDI,"
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- 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.
- Giuseppe Marotta, 1997. "Does trade credit redistribution thwart monetary policy? Evidence from Italy," Applied Economics, Taylor & Francis Journals, vol. 29(12), pages 1619-1629.
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