| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8758 |
| DP8758 Italy?s Comparative Advantage: A Long-Run Perspective | |
| Nikolaus Wolf; Giovanni Federico | |
| 发表日期 | 2012 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | The growth of the Italian economy over the past 150 years since unification was accompanied by a dramatic increase in the country?s integration with European and global commodity markets: foreign trade in the long run grew on average faster than the overall economy. Behind the dynamics of aggregate trade, Italy?s comparative advantage changed fundamentally over the last 150 years. The composition of trade, in terms of both commodities imported and exported and in terms of trading partners, developed from a high concentration of a few trading partners and a handful of rather simple commodities into a wide diversification of trading partners and more sophisticated commodities. In this paper we exploit a new long-term database on Italian foreign trade at a high level of disaggregation to document and analyze these changes. We conclude with an assessment of Italy?s growth prospects from a historical perspective. |
| 主题 | International Macroeconomics |
| 关键词 | International trade Comparative advantage 19th and 20th century Italy |
| URL | https://cepr.org/publications/dp8758 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537594 |
| 推荐引用方式 GB/T 7714 | Nikolaus Wolf,Giovanni Federico. DP8758 Italy?s Comparative Advantage: A Long-Run Perspective. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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