Munich Personal RePEc Archive

The Growth of the Italian Economy, 1861−1913: The Composition Of Investment

Fenoaltea, Stefano (2018): The Growth of the Italian Economy, 1861−1913: The Composition Of Investment.

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Abstract

Previous papers on Italy’s economic growth from Unification to 1913 reestimated 1911-price GDP from the production side, and reconstructed its allocation on the expenditure side; both efforts sharply revised the latest figures in the literature. The present paper examines the composition of investment, as documented by the new series.

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