Catching up or Falling behind? Italy's Economic Growth, 1895-1947
Catching up or Falling behind? Italy's Economic Growth, 1895-1947
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追赶还是落后?
DOI:
10.1111/j.1468-0289.1992.tb02151.x
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发表时间:
1992
期刊:
影响因子:
--
通讯作者:
G. Toniolo
中科院分区:
文献类型:
--
作者:
N. Rossi;G. Toniolo
Italy's economic performance between 1895 and 1947 is assessed in a general theoretical framework for productivity growth measurement, which enables the authors to relax the binding assumptions of traditional studies. The paper shows that 'true productivity' growth is of minor importance, being largely outweighed by economies of scale as a source of growth. Productivity growth appears to be larger when the economic environment is more competitive, in 1905-25. Conversely, a productivity gap shows up in the years characterized by domestic restrictive practices and by the absence of international competition.This seems to be the case particularly for the Fascist period.